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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf0 r$ N! A2 G0 _" c2 f; e
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
' ]0 e2 O1 A* a# X' ZWednesday March 19, 2003 By CHAD KULTGEN
5 N8 a) @$ p+ D; @. i% V5 yNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading; ]3 I0 X p% S7 [: d
charges — and incredibly, he claims to be a time-traveler from the year 2256!
2 r% {' S. K1 E& R! T( hSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the, o3 `1 [7 N' U& l4 j
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
. R+ a7 f. K3 l3 S28.1 n, u. G9 i/ R6 f: e
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.0 A& t& e' s- S. o }* j0 i' u+ u
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
. c$ E$ | k/ Y. |" e2 W$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
3 x7 A; v' ~/ P0 ^pure luck.
5 K: U m5 a; `3 J- u; W”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers; j( M: y, Q# E+ b: m o
Island until he agrees to give up his sources.”+ I y O3 \& [+ p" i
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
4 C8 V9 i, A, V" U9 zmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall0 g/ a) w! n3 _' S5 m Z0 v4 a
Street watchdogs.' y/ i9 P% u3 k I
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,/ J8 m/ y& b3 @/ q. y) ^; V2 B/ y) w
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
7 m# K- A" W j; c2 |' s6 Z3 oinvestigation.
, F9 [! A i6 W( M* }* s: TWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling1 M- `3 N. ^, L: b' n
four-hour confession.
/ j8 m2 A! C/ U/ a% ]Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common- }* g, d6 z' J# X% g( s7 w
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
4 d' j# T& X- s2 F {5 oknowledge of the handful of stocks destined to go through the roof could make a fortune.( X0 V6 a* m/ e/ D/ ^
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to z' a6 Q# f6 S
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
1 e# u. s8 f( C; N9 ~! xin the moment.”
/ Q9 ]8 \" n9 a( B7 r. kIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
# ~0 D q" p* y, iOsama Bin Laden and a cure for AIDS.( _# u, S0 b1 \7 m1 X0 M2 I
All he wants is to be allowed to return to the future in his “time craft.”
" O5 B1 w' u; u" {4 @However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear a' _8 I" r' l
the technology could “fall into the wrong hands.” |
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