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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf5 k6 ?7 T% U; B; B5 W& u
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
+ Z% G' L/ J3 F3 \% W$ JWednesday March 19, 2003 By CHAD KULTGEN
4 B S ?) @1 ^+ G( VNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
2 Z: l0 p5 N8 t+ Y/ rcharges — and incredibly, he claims to be a time-traveler from the year 2256!1 R: s; r }+ B3 \+ P
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the2 [ G5 ]% o5 b0 z7 y
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
9 f4 v0 c* Z0 ?( s1 t) k28.
; \7 `, S9 E: k+ j”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.; l3 Q" h* j1 O4 k: t9 M8 q
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
. u( `3 K2 Y' J: I$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be0 n5 O9 _- c- [% R& s: k, ?
pure luck.# C; h! o4 ^7 W; r% y1 K
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers/ l0 O) b& c+ |7 ^& Z
Island until he agrees to give up his sources.”! y1 q( @9 }6 a8 H! _6 \
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin& @' q+ \$ t0 `) P7 x: v
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall1 e# X4 A" L. F& i# z! P; c
Street watchdogs.
: I- t! Z9 I8 K1 Z* L$ t3 p8 A t”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
; {6 q& Z9 M0 |7 oMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing% i4 C; q: {& t, Z# \; F
investigation.8 k% ]5 `6 y5 I7 e5 c
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling. ]( g- J4 b5 ~' g
four-hour confession.
. x9 |4 P7 M/ z: f! YCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common
# b! m5 l/ J1 C1 m# ^- W0 ^knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with+ ^! B0 h* u0 X0 L3 {4 a B: Q
knowledge of the handful of stocks destined to go through the roof could make a fortune.. c' d; q5 w& ^$ b' W
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
% X9 K; o# ^3 n. Lmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
$ j! S1 O3 O z' B( |in the moment.”
5 e) \4 m; B" F$ N7 n2 o, w% PIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of* D* `8 W. q6 o/ v' c$ ~
Osama Bin Laden and a cure for AIDS.
; P) l% U) d/ ?All he wants is to be allowed to return to the future in his “time craft.”3 D( K! n8 c+ O* f# X7 L u
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
6 G9 y3 y2 c+ _ v4 t: fthe technology could “fall into the wrong hands.” |
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