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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf0 W, h$ t( c3 j) _9 S# a( E
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING# Y, G6 f6 X1 `) R4 G' G: o
Wednesday March 19, 2003 By CHAD KULTGEN
( x' ]" Y! @- s; f3 c' mNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
3 A/ Z5 k/ Q+ ]2 H# w2 xcharges — and incredibly, he claims to be a time-traveler from the year 2256!
1 x! [8 W h( ESources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
* J3 H+ Q, y. e; K' cbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
& p' \) ^- i: `* [' s28.7 _4 ?( e& S2 ^% Q# y& F' Z
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.; n- {4 x/ D# U. B
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
3 u! F/ z A4 }2 v2 H9 }$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be+ c3 r, q+ W/ B2 m
pure luck.
0 h3 S) F4 h- H”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers8 A5 R V7 _, F) B' A1 x5 r! Y
Island until he agrees to give up his sources.”
. a3 t0 C- b& |5 k1 p5 {8 \The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin: ?- z2 P) w: c, y1 ~
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall4 `3 e; f0 G( I6 e3 A
Street watchdogs.1 }" x; y% o( r5 o
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
7 C0 x# E" \. x5 t2 Q3 }4 |Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing' {: X9 F: w: F3 p/ p
investigation.
8 I s6 a% ~( n2 W9 SWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling& X& ~# m g2 N6 G. N
four-hour confession.
9 b+ p1 K! ?4 Z; Y' A+ u) y4 [Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
# T, L$ Z7 k/ v+ q; S9 l+ o7 Yknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with$ M% _0 B2 {3 i. P: g9 }- v: H! G
knowledge of the handful of stocks destined to go through the roof could make a fortune.
( H) }7 z" C. q; `7 w+ C4 {”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
8 P* C) X+ N$ [2 |make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught) T" H1 y9 w: c+ ~0 k0 J
in the moment.”2 e$ C' f# F" o9 \
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
7 K0 k4 T$ d+ ?# E, T" sOsama Bin Laden and a cure for AIDS." b5 `4 O1 F }* ]
All he wants is to be allowed to return to the future in his “time craft.”
1 j2 x% h9 I# Y. Y& h b, @" u2 {, k, lHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear! [' q' w' E! H
the technology could “fall into the wrong hands.” |
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