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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf& c. z1 y; M* F; @, p5 d {9 Z
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
4 i) i5 z* ?! u, DWednesday March 19, 2003 By CHAD KULTGEN) E$ F9 u: A9 K, d% |5 S* T
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
' t6 |* s0 c7 b2 f# y0 Hcharges — and incredibly, he claims to be a time-traveler from the year 2256!. D+ N+ L- Q+ _1 p
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the; x8 J0 g( u" [% L0 E
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January3 o, Q5 l- t1 p/ U
28.
6 {* p1 i. N& {9 F, [# j”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
; I" d8 C* V) `; k”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
4 c' g% P- U+ x$ Q/ D* |- i2 l3 g$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be7 ?) v W" l; ?) a' x
pure luck.! T& V4 g0 Y }/ U' o+ p Z' [
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
; K9 C7 f L% [5 e3 X% h, O1 vIsland until he agrees to give up his sources.”, Q" v' Y9 J0 M& i
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
6 x- L: ?; K& H3 }) C. t+ K, D/ tmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall4 l) Q, I+ m, \5 P
Street watchdogs.1 ]; T( K% {9 \. Q) i
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,: N& S4 c; l; f4 R; I6 d
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing+ L5 n3 R$ M# T4 n0 K ?
investigation.. g& z5 x, l8 N; j& j
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
; o5 B+ s6 B8 x% x9 C0 pfour-hour confession.! K) {; [8 m( K' ^
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common7 Q/ B1 x3 Z/ s( r/ d
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with! R/ ^; B( c! ~& s. w
knowledge of the handful of stocks destined to go through the roof could make a fortune.) g- y+ y- h* T( t/ P. y/ B
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
$ e( k8 _' ]" xmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught' i: h2 J2 s: k; f
in the moment.”
- x' a. {! m$ {& x' M0 ?+ kIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
8 T/ o/ r: ^( ]. ?& @Osama Bin Laden and a cure for AIDS.
& C: G: E5 l$ @1 MAll he wants is to be allowed to return to the future in his “time craft.”
9 G3 }' [" S# f- ^7 \ C& ]However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
- @; R: _& }3 o. }9 i1 v- z; Uthe technology could “fall into the wrong hands.” |
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