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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf1 q( O5 H2 E3 H3 U2 b% W+ A* i
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
7 p8 @7 M* N, Y" DWednesday March 19, 2003 By CHAD KULTGEN/ c% }3 ~1 I) ^- P) s3 D
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading$ l7 @3 V) V, ?$ H; q
charges — and incredibly, he claims to be a time-traveler from the year 2256!
- [. L& N; l d6 Y/ ISources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the$ \1 r$ q# I8 ^ y. X8 g# X8 O8 Z6 P
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January4 b0 Y6 J$ x. ~9 B( m* {
28.
4 Z6 ^7 i% B! \3 C! v" G”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.7 T. R; T* B% I3 l7 J- L
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over9 e/ M8 P* j, n* v7 I8 {
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
! M. @0 W: ?- g, ? i0 ppure luck.2 e1 x- q( j6 p( a; T
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers& K7 t6 ]8 g$ d- J+ X. L1 C6 _7 M
Island until he agrees to give up his sources.”
. s% Z9 N6 j" y6 u2 u# B6 a' G) t3 SThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin6 S; Y: A/ R% p/ m d& W
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall% s" M* u* Q1 \# A5 h: Q, Z
Street watchdogs.
/ P2 j. J; e4 w9 V9 x, |”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
5 j. h% d) |0 |Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing" V5 A1 Y: E4 b, k1 {5 C9 C. o
investigation.9 |, r. n" U1 T
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
3 {9 A6 N, x0 Z* Ofour-hour confession.
/ K5 W/ A' R2 J3 j2 uCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common
( K' ^) L& }0 w/ A3 Fknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
+ C& z7 f5 `) o' d- p) ~/ H2 m! iknowledge of the handful of stocks destined to go through the roof could make a fortune.
5 Y* P! f8 j; l) E5 N6 f- \8 c1 I”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
0 I' x- D1 s% J- `7 xmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught' Z; U& H% R# j+ z7 q: j) ? ^& f
in the moment.”; \3 h+ Y4 b% Y' l$ l) D
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
2 `4 `4 q; H W. A* v3 ?Osama Bin Laden and a cure for AIDS.
6 y F$ ^2 k1 GAll he wants is to be allowed to return to the future in his “time craft.”
: X# ~) y0 x6 X% }/ oHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
* y9 F y# \# T% b2 D' P+ Y# Mthe technology could “fall into the wrong hands.” |
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