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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf/ X: ?# D- d( \' Y2 `
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING0 W6 I+ T( v+ P: `; i0 ` @
Wednesday March 19, 2003 By CHAD KULTGEN
+ M/ v9 Y( M: ?5 x1 }NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
" i; ^* A2 Q5 t1 V9 Y M$ {charges — and incredibly, he claims to be a time-traveler from the year 2256!
- A; ]9 D3 ~/ g. zSources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the3 I- e) Y- h0 q4 ~
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January
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”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.; t4 C# M' J1 a0 A+ b- U2 n m1 V
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over& @, ^5 L/ v5 \4 \/ P
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
+ m Z+ d0 z! R5 b# _pure luck.
9 E( g4 C6 o4 z”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers
) H: b5 n3 a+ ]# f" ZIsland until he agrees to give up his sources.”$ a' |" _$ M; |. f
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
4 _8 j" E+ i r m0 U( ?/ jmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
1 L6 \5 {7 e$ G9 B- ^8 B: z7 rStreet watchdogs., F8 ^5 t7 W; _3 r' @
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
2 O+ [8 p" R# v* q9 a+ C0 TMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing" A, t9 U5 t! h: l% ^
investigation.9 H# Y2 g2 C8 G- Z+ }2 |
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
C, Y1 }& l8 F1 ?$ @% L3 hfour-hour confession.
' {- B7 w4 ^9 L. s$ ?( [Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common
9 K5 ^. A8 U- e Mknowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
8 ^" n* @. K* [4 j8 w- sknowledge of the handful of stocks destined to go through the roof could make a fortune.6 ?6 q/ t& Y& k: H7 x1 |3 v
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
/ m4 X3 g/ N7 N2 e$ W7 X5 zmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
9 W" z3 [# f7 ~in the moment.”5 R: b7 ]8 {5 w; e2 ?' `/ T! T, ~+ a2 \
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
7 n% d9 I; f a! ~% w% |Osama Bin Laden and a cure for AIDS.1 }: {* S( Q m W2 Y# U, |+ n; h
All he wants is to be allowed to return to the future in his “time craft.”& E3 F0 u; U& i- g; O5 r! {! J
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear8 i% j5 ^: t, c/ z! t1 u4 L
the technology could “fall into the wrong hands.” |
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