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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf) G3 S5 Y9 f% |6 O& \
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
2 } B, U8 l1 b; @Wednesday March 19, 2003 By CHAD KULTGEN
1 ^1 r) r$ ^ q6 v: m3 q1 rNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
7 P) j0 e9 Z' _" @charges — and incredibly, he claims to be a time-traveler from the year 2256!' x: W9 Y* i$ U4 f9 f) t
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the
5 B [0 O7 ]( f# }bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January$ Z) d" u1 ~6 I. R8 U* |: E
28.# m+ p! h Q4 x" n5 ]
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.
' B4 @; h% p9 I, B1 ]$ o”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over2 L: J1 N+ M0 \6 U& V% x
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be' U7 s7 `6 E0 d1 C2 x! f4 b
pure luck.- I, x2 A* Y' G1 U
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers8 k% L& G- @$ Z1 _0 \& `; O1 S
Island until he agrees to give up his sources.”
' [0 A6 N2 a5 nThe past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin. I1 W$ I& N4 H
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
" S# d- C. ~8 q( ^( Z) cStreet watchdogs.4 M1 c Z3 u) v z
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,# W, k. Q* M7 F
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing+ c0 {, k; h; l& W7 p2 \5 a- k& q; }
investigation." ~) p( q/ Y) P. ]9 _
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling9 ^' d9 f* {! u1 m7 m9 g
four-hour confession.
4 L9 g7 ^$ E0 ^$ D$ QCarlssin declared that he had traveled back in time from over 200 years in the future, when it is common
0 W4 m) g* H! j( g; C {knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
; W& J: a$ L* [3 `. `knowledge of the handful of stocks destined to go through the roof could make a fortune.7 e+ \" W9 R1 p' }! j7 i
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
$ `" U/ f' E' f* ~/ Smake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
3 S- _- h8 R6 din the moment.”2 i# ~3 ?$ M% m- J, L! N5 x- _
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
. U9 N/ I5 ?, kOsama Bin Laden and a cure for AIDS.
1 E. i, G8 J5 tAll he wants is to be allowed to return to the future in his “time craft.”
/ @6 P. g/ T1 P! P( T, XHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
' l: |$ x5 |& y1 I, T" Nthe technology could “fall into the wrong hands.” |
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