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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf( P3 A& m# B5 H+ H; G$ h6 r
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
# J- N4 n4 P: X n, j& RWednesday March 19, 2003 By CHAD KULTGEN
) `# o3 _$ o0 p, L& k+ ~4 L! H+ kNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
4 I( z6 s4 h0 r) ^- m1 J& Ncharges — and incredibly, he claims to be a time-traveler from the year 2256!
2 J' W( X1 L/ s2 LSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the5 c/ [9 ]1 d3 \: D. I2 O
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
5 j+ k" f) O+ Y: |7 b$ q: f28.
4 N8 ~" \6 ~) n/ Y, e) X7 A”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
& k. u2 X2 o7 C# x”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
K+ l! P- g* s5 D' g$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
* {9 n8 K0 t0 ^7 ppure luck.6 P; H! S. ?; f0 u
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers1 Q. K( [! ]" Q: |
Island until he agrees to give up his sources.”
, P' H& w0 ~9 A6 LThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
$ {4 s4 P* Z* D8 k/ \; K* _made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall) T/ s- B% ^0 \- l
Street watchdogs.
+ m Z* k2 B# h/ r: l0 E”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
6 f9 l9 A- w2 A$ ?* ]- fMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing+ f9 |8 Z3 J: p& z
investigation.
- _# W* D3 X0 e: o x5 nWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling% i1 k4 t! O/ A ~( [0 h
four-hour confession.
6 B- S) F b8 ~9 {! w/ S# vCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common" @" A% a* i: _: U8 U' f
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with' e7 a, b* S* W# b6 w" l- f
knowledge of the handful of stocks destined to go through the roof could make a fortune.
2 _1 S1 z6 Z) t9 K' x”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
/ s. \! ? |$ }2 ~6 w5 `/ cmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
! ~0 e8 K3 m8 T3 hin the moment.”
$ o$ M {3 ?0 v' K5 X8 B; h8 JIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
: f9 J( k) @- mOsama Bin Laden and a cure for AIDS.
# w, F3 W& W* l6 [: M; Z7 _All he wants is to be allowed to return to the future in his “time craft.”
1 p; p' P4 }) h& A( NHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
8 W* O& @" @: Y7 U4 g @the technology could “fall into the wrong hands.” |
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