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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf" f0 @$ I1 d+ I8 p
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING, {( }) p4 W& D5 E) z0 c( C w
Wednesday March 19, 2003 By CHAD KULTGEN
, d, q; M3 t/ ]' [- X# {% A- HNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading/ @. Y* E! T! i6 \' x# h1 [
charges — and incredibly, he claims to be a time-traveler from the year 2256!
3 h0 ^) A& J# f! p; sSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
) H ~4 U& O* s, [- x7 J0 nbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January. I$ C' R7 i' ?8 a Q( ^
28.# U. I: E1 d: E1 l1 v: d
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
" b4 |6 J9 B2 K- a. c; J( O”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over6 h/ v. j" G/ ?2 l% _( ^4 j
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be: h: S( Q9 C: [0 N" i
pure luck.
( ~/ v9 o& r+ t( I8 q; h/ G! d( B”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers! ~( ^( [7 {5 |6 s3 J# v q' L& T
Island until he agrees to give up his sources.”. \0 T. l3 M$ S5 D0 M
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
3 |7 |+ N+ G) ^/ smade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall5 d" ~" K% r0 V y
Street watchdogs.
4 E+ ^% y1 I, J# v6 A* a”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,- x% B9 d% p0 K8 j8 f" y7 B
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing! p. W& C# O- k; R8 q
investigation.
& S9 P* ^7 c0 vWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling, A0 V+ m! n: B$ e$ p1 D
four-hour confession.: T( D' t+ ~& H# t" ~
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common2 i2 p2 P2 t; B
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with$ w0 r4 Z2 X2 b- x1 A4 t! x
knowledge of the handful of stocks destined to go through the roof could make a fortune.
7 |: u3 I" _4 E. c. v”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to q% l2 j' O ^$ R2 E
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
3 O! o& g" |) S( P9 pin the moment.”: ^' S: ~! A) y5 W d" x
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
# _2 w$ o% G2 |: G1 C1 uOsama Bin Laden and a cure for AIDS.' ^- U2 N# z: g& g+ p' Q
All he wants is to be allowed to return to the future in his “time craft.”$ W- K( L( @5 }) A4 r ^
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear- y# K( z1 q7 }
the technology could “fall into the wrong hands.” |
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