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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf7 ~- K& _' x4 W$ @% A4 a# X
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING' W! d5 F+ l$ P2 U& z" @1 L
Wednesday March 19, 2003 By CHAD KULTGEN
7 l- Z! W: y; V+ W$ c/ DNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading$ B6 N) [( a# ]# Q) ]
charges — and incredibly, he claims to be a time-traveler from the year 2256!. @ s. E9 C; Z/ X% s
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
/ \2 K& J4 \' q0 W2 l0 cbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January6 |% y& A* X" B6 ^& a) z
28.
2 \: N5 Y5 @. U3 Q: j4 [1 G& Z”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.! R7 _6 F; J7 F4 U3 ~; ?0 k& U
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over. ^% q7 Q2 a e8 S3 \+ @8 z
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
9 b' h( h8 D' C( q3 ^5 \pure luck.
+ p0 c2 j' b# D! w”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers5 j+ z% T7 W0 b
Island until he agrees to give up his sources.”
% \) m4 O# G. H" i% C1 u$ MThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin9 a. K( {! p; a- \" K6 h$ g4 x+ @
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
# ^- D# n- r a( z/ j6 w4 C( B6 x9 KStreet watchdogs.
4 e6 ]6 J6 J, Q”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,& Z) c' W+ Y) j8 e7 j$ H6 ~* b& Q
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
6 x' K Q, S: cinvestigation.
; k' [- A5 W' i. V* N& D+ k# qWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling% P+ G. }1 s V0 b: A
four-hour confession.
, ]& J6 [# E' k- e3 `# ICarlssin declared that he had traveled back in time from over 200 years in the future, when it is common
0 G* X. B2 G) Q5 D/ Y$ bknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
' t8 o1 `7 F. X( O4 uknowledge of the handful of stocks destined to go through the roof could make a fortune.
7 ~, W: d; z# E; r& V7 r”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
" Y: D1 Z8 Z) Imake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
( F* s5 o$ l; E, E5 }$ w1 pin the moment.”
$ {! g% k" p' U9 P5 ?In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
1 f/ |+ U; X/ o9 ~: \Osama Bin Laden and a cure for AIDS.9 w9 B! q5 T- S" J
All he wants is to be allowed to return to the future in his “time craft.”
* t+ T g/ B3 E5 u7 \% DHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear5 J8 `5 X1 o; q3 T6 E* o: ]& `
the technology could “fall into the wrong hands.” |
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