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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf* B7 y! a, T; B8 ^) v) Q6 m
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING% ]+ y2 [3 A* X- n/ m) E" |
Wednesday March 19, 2003 By CHAD KULTGEN
3 E/ r$ _6 R* T/ N! e$ }6 I. UNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading7 R+ a2 ~/ L$ j/ m x
charges — and incredibly, he claims to be a time-traveler from the year 2256!
" f4 a3 Y8 [$ a! ]4 ` fSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the3 p" x0 f, a# y( S% P M; C
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
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8 B5 m* ^' C* H; p: ^6 a”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.) B$ O+ r9 c1 [6 s" ?! a# s% f
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
3 w) I# A2 T: M. O( J0 ~9 J9 F$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
3 m/ ~9 g, S$ u ~pure luck.
$ K8 u8 o& D {7 V1 R$ A' Z”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
~. T( L/ }! t2 K) t- ~6 X: c. P$ X8 ZIsland until he agrees to give up his sources.”6 g \& J# b R! I# k' x/ |
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin2 O" P0 t) a' }$ J! y
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
% v9 y* ]8 p! D7 `, cStreet watchdogs.% B3 y) H a% Z; C H, k& ^
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,( P& K0 y z1 v, r
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing. g4 d! O2 Q3 W9 S3 t# v
investigation.
4 X: n/ Q( I" c0 D! pWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling* I' s+ `% q* {- y9 s
four-hour confession.$ j/ n* R, \6 X1 B
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common& P0 t, q* M8 g, a! l
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
: O$ }0 ^2 N. E( C( Q) p. Q6 mknowledge of the handful of stocks destined to go through the roof could make a fortune.
4 _+ o6 P6 Z5 S T$ P" l”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to6 U, Q3 h: z H- o# F2 `5 A
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
" F+ o6 C; C7 _; b/ }in the moment.”
# I8 X9 p# k" {* MIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of# F7 O* H, G: H7 H( ?9 Q4 p
Osama Bin Laden and a cure for AIDS.& f9 X$ F. q0 ^3 I
All he wants is to be allowed to return to the future in his “time craft.”
) }6 W: [" u( l1 ~However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
) @1 m1 q, v' }6 Uthe technology could “fall into the wrong hands.” |
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