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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf& P3 }; ~1 m3 f
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
7 |5 L; h8 {4 h. u6 r! yWednesday March 19, 2003 By CHAD KULTGEN
9 t, Y: J$ V* J9 _NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
5 q' f4 K, X- Fcharges — and incredibly, he claims to be a time-traveler from the year 2256!! _" B5 Z/ I8 I, k! C6 w; H; K
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the) \) N$ `: O! l9 ~& W' N# {
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
4 `) y% E, ~9 q0 p28.; V# T7 C6 t$ I
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.$ w; k* g- @7 J W5 h7 j$ @
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over6 {$ C# T9 r$ k* _/ t: R
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
( M2 T$ g8 C5 _' T) D' M2 W0 Xpure luck.
4 F) |. e8 ^7 c6 n, Z”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers7 z9 s2 K# g1 @
Island until he agrees to give up his sources.”/ r0 b7 o- b @* A0 a+ v7 N" R
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
# W O Y# ^) X" \3 pmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall9 N8 `! `- {* D, X* v/ z$ Z
Street watchdogs.
4 B9 ^, O+ j+ E# X* |& c3 ^”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret," V' E8 r& q6 d" |. R1 N5 ~* r* S
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
% W) s2 B* i0 i' g5 ]4 r/ Tinvestigation.9 F- m4 _ D0 u, E2 Z J, ?2 @
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling/ J# }8 T M' J6 p
four-hour confession.- M! Y% ~8 A/ j+ ~
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common7 b q* B! j8 y) A0 i5 D
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
, T# e- y a$ q- Gknowledge of the handful of stocks destined to go through the roof could make a fortune.
( z0 ]5 A0 D; G' R( R1 N! @1 i”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
5 K5 H( b5 t/ c2 K6 ^( H+ O: omake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught1 C" a: E+ Z6 V& E5 m6 q8 r& r
in the moment.”
. p7 R8 |3 A4 V- {In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
$ l$ _" y: {$ {% u0 X, L gOsama Bin Laden and a cure for AIDS.
6 `! ~1 e( N, f8 q YAll he wants is to be allowed to return to the future in his “time craft.”
6 s5 X9 j3 m: C/ q2 I" R( L' `However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
1 K, m. b1 U% xthe technology could “fall into the wrong hands.” |
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