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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf
8 s2 d$ v; g0 |7 x‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING+ Y2 X$ e7 O7 O
Wednesday March 19, 2003 By CHAD KULTGEN
+ ^# i0 E: Z" b6 e/ @+ _NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
5 ?( Z2 q8 C/ G* h6 a0 _5 Wcharges — and incredibly, he claims to be a time-traveler from the year 2256!
5 D7 Y, }% y6 S: c& @8 F" d& DSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
/ \: ]- S0 i0 M* | N6 Z# Xbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
6 i o! B. q4 Y& B5 a28.3 J4 E8 T4 V! e, B- \
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
2 j, G/ ~4 ]" e2 G b”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
' d' ]8 F+ g1 Y4 C" k; a% L$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be6 E7 Q D/ @( y, U# q6 ]0 B$ k6 x" B
pure luck.
+ B: y- w& F a0 q2 i8 L& j7 L”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers* P. A" z: S# Z& B! n# B% Z/ L
Island until he agrees to give up his sources.”
; z1 Z; t# e, X! q1 D0 aThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
; b! |" M) X- r" P9 y# m* Gmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall5 E. r" x' `+ Q+ T0 z5 L" z# b& A
Street watchdogs.
) O, k/ T9 {. \- K- H”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
2 w( ^! k t5 ]. IMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
& A6 Z: [8 k; e2 |investigation.
+ s( @% S: g/ a! VWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
$ e' l7 U2 q- K# Z- n1 p0 Ifour-hour confession.
$ U3 E' X/ u4 K% P, FCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common% I' V2 b3 F$ ^
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
7 \( C \9 S( u# I* Zknowledge of the handful of stocks destined to go through the roof could make a fortune.
( D0 S! [9 R- _”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
! h* K5 z! x0 C. K$ G! ]: \make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught, @+ S* o% b8 \" }: ^
in the moment.”1 Y( Z% z0 ]! B5 b, ~% Z
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of5 C" @4 \+ I, J3 D6 ~2 V
Osama Bin Laden and a cure for AIDS.
! z5 h n- q' HAll he wants is to be allowed to return to the future in his “time craft.”
$ T, l% f+ K! KHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear2 W1 y4 Z+ [) y0 ]! d4 g
the technology could “fall into the wrong hands.” |
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