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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf! E$ H6 x. X9 ?, G1 r
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
' ]# h" u, p/ x# w# g' ~8 P! {Wednesday March 19, 2003 By CHAD KULTGEN
L# e( w. Z: D" r$ _+ v& r: GNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
) y" x f7 P; W. ^/ }8 vcharges — and incredibly, he claims to be a time-traveler from the year 2256!
% Q; p+ w6 g+ |0 K7 S' C6 iSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
! J3 e6 m" c; T, a* s& i1 ?3 tbizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January, i' z: }. J$ f0 C8 E8 `! w3 k
28.
9 d# ?& u0 J( b2 A! o6 @ w- A) Q”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
. S! `, t: G& n, N1 w: v% K”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
, C1 h' i7 C/ @, |$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
- o3 ?5 g0 E1 g& d$ Fpure luck.' X* e4 U3 o; X% R
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers& k2 i- _0 k6 V9 V3 N, G3 k
Island until he agrees to give up his sources.”
L; ^( o' Z9 y% ~8 aThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
2 d8 X: r) M6 y+ vmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
$ S) {/ g7 L2 x0 h% r, N' xStreet watchdogs.
/ N1 G7 t' |+ s( }”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,! r0 l- Z n! x5 _4 N1 w
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing2 z5 r X2 z( G B. Q
investigation.) q1 X+ V8 u% G1 r) f o0 w
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
- C4 J& t3 v. _0 [four-hour confession.! P! @# L& [) B! I+ r+ r" a( `
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
- \1 G V \& I8 C( e7 U0 |knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with: C7 e2 X+ z* m8 E
knowledge of the handful of stocks destined to go through the roof could make a fortune.
8 h/ X( H7 |% g% w! Y. {0 e: X& \% u”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
3 `3 p% {0 |; i8 k8 kmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
, `5 A$ X+ j" G; O* N$ zin the moment.”2 Z3 Q- `+ |* a; M
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
% e, Z0 t1 w2 G; ~ |" ROsama Bin Laden and a cure for AIDS.
- b' p1 y9 S! `4 N: Z/ H: y( aAll he wants is to be allowed to return to the future in his “time craft.”
8 k0 X' G e) F9 L: N/ v4 jHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear7 l4 G' ], L6 ~. W3 t) v1 D3 D
the technology could “fall into the wrong hands.” |
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