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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf% q& V; ~: \. v; m) [. R
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
- y9 s: n: ?9 y( jWednesday March 19, 2003 By CHAD KULTGEN
2 U; q$ P! v0 ENEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading( R' t) o/ `# Y+ [9 \7 d1 m' q
charges — and incredibly, he claims to be a time-traveler from the year 2256!% K4 y) N% W; I8 W( L
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the( }& M& {' U. i
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
3 @! c9 ]. v1 P$ Y4 m28.
+ g9 A# h* l1 ~5 `”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
) B+ b, R, x+ V1 V6 N3 |”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
% s1 r, t3 i9 W4 O# A. T0 O$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
. F; s0 F! f8 a' L- Fpure luck.3 q6 k3 V7 V N& P) X
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
+ V+ E- \7 n* s& Z# f9 hIsland until he agrees to give up his sources.”
$ q4 U; Y/ I" K6 _; RThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
4 T/ X+ N5 L; u2 K. `made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
0 D1 S0 P, L R+ O; oStreet watchdogs.; B8 u4 B$ J& X- X" v/ @+ [' B! P
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,1 d1 U/ g2 F9 n x+ U- U( d( ]+ \
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing% l% p3 i! D/ D' C, i
investigation.! c; o$ [3 z- z8 b: N) J( G
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling3 k9 ]1 N6 A) H7 h4 m9 P5 q
four-hour confession.7 T9 D5 `& N& a. C
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common2 ]/ L- W- X. y y: L
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with# y9 z5 F9 e9 A) E
knowledge of the handful of stocks destined to go through the roof could make a fortune.
8 d s2 j0 G" \+ h3 k* p: t”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to# l# e- A. U& F0 |: |8 l( J x
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught3 ~- G* _7 ~. a1 L4 s! D
in the moment.”& }' I" J# e' h; @
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of) W: I6 K) @4 n0 f
Osama Bin Laden and a cure for AIDS." Y; n. f4 U& [% _$ z
All he wants is to be allowed to return to the future in his “time craft.”
3 P- k$ e/ m4 v9 r3 g, \However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear. t! n4 ^. ~, Q3 }& \# u
the technology could “fall into the wrong hands.” |
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