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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf, S0 l8 `' x& t& g. ]% j
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
1 V& j% _5 \2 e8 ]! P* IWednesday March 19, 2003 By CHAD KULTGEN
( V7 _, V; m* ~! v" L0 D, {NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
) D6 E r5 ? C% `2 Mcharges — and incredibly, he claims to be a time-traveler from the year 2256!
. z# w+ v0 v% M) ?Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
7 K* @" o$ g1 B5 z) ]1 |$ |bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January" y$ w' I7 Q' k7 h- O2 }3 Z+ z
28.
, K& U4 h2 B7 G6 W' x”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
; C1 W1 w, S B$ \”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over x/ h) [/ [1 R9 G* l( N" q4 r: E' ~
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be8 a4 }$ ]7 n# l7 s; K7 W
pure luck.
' U. w2 b& w1 W: p0 b% G# j F”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
& K2 s; ~0 `& d" K6 T% NIsland until he agrees to give up his sources.”. p7 S+ t6 S4 r V5 t& v
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin; L2 z2 a7 {: P9 n) I; K
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
) u) x/ d1 \ c% ^. C9 L$ kStreet watchdogs.
|4 B0 t) B9 F7 l5 {”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
# t8 n$ L+ K( G! a9 WMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
- T! O6 b0 ? Rinvestigation.
# e% M4 f; Q3 o$ xWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling8 K$ w7 g# P+ n
four-hour confession.: o+ m, N2 U1 w% C; o! l# u
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
0 z, V" ]8 H r! k- H, M1 E% |1 V2 uknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with" O1 ?9 y# V/ A$ d: L1 H
knowledge of the handful of stocks destined to go through the roof could make a fortune.& ~* L5 f0 L W. d# A
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to4 ~1 ~. i5 y! I# ~
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
0 v* h0 ]2 p U& m! N; Min the moment.”6 D3 R' H5 ?$ n
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of8 R' f$ L& [. `$ T
Osama Bin Laden and a cure for AIDS.
9 f7 \/ L4 H' r+ n+ H) m" RAll he wants is to be allowed to return to the future in his “time craft.”6 p: k$ T+ r: {
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
0 M- \7 I+ f! c; nthe technology could “fall into the wrong hands.” |
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