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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf. ~. r" \3 n) [, C& B" k7 ^
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING# h6 a+ N! [+ O/ m) I
Wednesday March 19, 2003 By CHAD KULTGEN! k- W- m0 B: L
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading. G0 D# t/ `( c ^8 w! A
charges — and incredibly, he claims to be a time-traveler from the year 2256!
& d/ q! a8 w$ [8 e% cSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the7 f( M* r# X" x& [5 i! ~' k G
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January+ l6 l( N n Z. f
28.2 s( U& q( g- c
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.) P! ~+ F8 N3 R
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
- s6 v5 L5 \$ s* \( d$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
1 `2 l( l; |- y$ k) `$ f$ M9 vpure luck." R0 P5 F% J; ^2 z: u2 ?
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
1 [( L8 D( u! n2 k* {$ {Island until he agrees to give up his sources.”! ^% J/ P6 f; z0 z% s/ i% Q
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin2 R. U0 G/ i% T) D! _/ j
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
( {- v' {6 z# |: H- Q, k9 C3 jStreet watchdogs.
2 M/ R( p9 i) K& B2 L”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
, @" a: P' K( \, [4 T) P% A" W$ r. PMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing6 i$ M h. b4 c, F
investigation.5 \1 M, \ j. L: n; k
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
8 H5 F, V/ ?. l9 }+ x, I$ V+ cfour-hour confession.
5 G& p9 C8 t, B S" U. }Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common: ?+ `. b' u4 C
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with; l; C) Z; @" S4 @3 K1 f3 }: ?
knowledge of the handful of stocks destined to go through the roof could make a fortune.% B& J6 X7 l* C! n) j
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to( L0 w( C0 u9 O; F- b4 h4 e! Q, z
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught% G. b2 M% e4 {$ ]% w. S" ~
in the moment.”
7 I7 G# a! m1 e; l8 @6 SIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of+ [2 P# V" S( b! B1 d' w. C1 C
Osama Bin Laden and a cure for AIDS.
. i) q( G' A6 v5 F, ?All he wants is to be allowed to return to the future in his “time craft.”
% }/ L+ F' {0 v# m! NHowever, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear1 T0 R& ], h7 B+ L
the technology could “fall into the wrong hands.” |
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