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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf G" d! v+ N* R+ u
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING) q: A# T4 [" R2 C
Wednesday March 19, 2003 By CHAD KULTGEN
2 r0 ]. \9 ]# DNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
n, k: e- \( [! y/ O. pcharges — and incredibly, he claims to be a time-traveler from the year 2256!9 k7 {4 t: @) Q8 e
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the* q* D$ }# d2 }+ ~
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
5 X; s! t) @+ `/ Z3 J28.* f2 l6 | Q# n3 G0 z6 S- v# Z9 I# ]
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.! b3 `, ]) a: p2 r* P" O6 L1 c1 Q' E5 N
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over5 a: Q7 A* ]1 A7 [0 E7 r" X
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be) _% r# B* [! e' g r: k4 P
pure luck.
% W1 M) \5 {- E2 F. `”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
2 L; S* s# S8 U$ ]% A6 @; P- aIsland until he agrees to give up his sources.”
4 }0 Q" N! y; \& l! f# I3 IThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
8 |& s5 O' r, ^; _6 z1 @; hmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
. q2 g% g) L" g6 c9 V; NStreet watchdogs.
- f( ?2 U: Q5 Y. G" i1 H6 t”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
/ ]3 K2 f! X( a( fMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing4 T) r) O& ^+ ^ v
investigation.2 c2 X4 d6 F) V
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
C0 ~1 Y% I( Z6 E- Yfour-hour confession.7 q ]2 O- B' Q4 ~, H* A; ]
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
. N6 @6 `3 G8 L8 m& z, \knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
: q, d* e; y% N; v2 \/ s) iknowledge of the handful of stocks destined to go through the roof could make a fortune.1 w$ h+ @4 r8 j6 E: _: L
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
9 g! m3 N5 e! ?9 r8 i1 {' _1 umake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
9 F7 F! q# T' b% M0 ain the moment.”# E3 u( u* B& U a
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
2 I7 H' r" C; W" o% hOsama Bin Laden and a cure for AIDS.9 X9 Y: q% l" `) a; ]7 y1 X
All he wants is to be allowed to return to the future in his “time craft.”
, T1 A6 [& S. X0 m& [However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear% d1 O2 u* F% y- n* i& j* S8 a" x
the technology could “fall into the wrong hands.” |
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