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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf0 n* n6 W' L# T% Z- I3 O
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING: r8 F% T/ C, C2 a7 G
Wednesday March 19, 2003 By CHAD KULTGEN7 S/ R. k: Q# q% |
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
/ _# h7 B1 A7 m X1 m& l# E8 ucharges — and incredibly, he claims to be a time-traveler from the year 2256!) F9 W; W: G7 Q' W! D% B- V- I
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
( T" e" \7 K8 [) y+ e7 A2 I0 obizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January; _, C$ h5 g, b# s; N/ d
28.- |- d4 ~* X+ R$ E* I5 B
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
( q9 b. U( |" [”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
! ^1 w# V3 m5 Z* r/ S W: ~$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be _& q* t- C( B8 f( n- Q, q" q
pure luck.
3 P* c) d4 p2 O6 l% Z% q% h6 T”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers- a7 e0 F4 i8 H; C4 F0 w+ }
Island until he agrees to give up his sources.”
5 j# W7 }+ N5 B# ]. @. {4 E* uThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin1 _+ i9 A7 q ^5 H5 j4 m
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall# X+ k4 G2 e2 B3 x v
Street watchdogs.9 r3 E; a! {9 c) N6 g, R6 }. g
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,0 i+ K1 b d! p
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing$ ?/ Z2 `4 o6 Y. y: q
investigation.4 i$ f, a p2 s# }8 T2 f/ i' H
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling+ P" ?0 m, V5 X
four-hour confession.
' R0 G i" ^" DCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common
) }2 }3 K6 Z7 A9 r* U/ `knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
" j+ N. P& y5 p! U' z/ S0 fknowledge of the handful of stocks destined to go through the roof could make a fortune.
% _/ ]: O+ r% n5 L3 t”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to) B/ G. a, P5 o" R' y5 x) ]$ H
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught. a, I3 f% y( P
in the moment.”
- ~9 K6 u; b% ~. Z$ x! P" g0 T FIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
$ V# e, L1 e/ m0 bOsama Bin Laden and a cure for AIDS.# C/ z8 z+ o# M) f( h6 N/ @
All he wants is to be allowed to return to the future in his “time craft.” m3 ]2 w9 R8 V( ^) g8 q
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear2 Q: p9 x4 g, ]$ X
the technology could “fall into the wrong hands.” |
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