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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf/ U4 }( |" M+ v5 t& C
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING8 y5 q9 _( ~1 ^
Wednesday March 19, 2003 By CHAD KULTGEN
' h4 M, \$ @: G5 v! tNEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading- i# N- H& A( b. [
charges — and incredibly, he claims to be a time-traveler from the year 2256!9 P+ G% E2 l) j3 S) m2 c
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the P( ]7 o; e; j. g$ o
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.
7 p) Z3 m0 w4 E' S7 ~* B& H”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over
" V7 O* B5 n* L" C @2 d: D$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be$ R, C |) h0 f7 E3 D9 s$ X
pure luck.* S9 y5 K. [: j. h& \( `
”The only way he could pull it off is with illegal inside information. He’s going to sit in a jail cell on Rikers, g [" [, c% S
Island until he agrees to give up his sources.”2 U9 R8 q% a3 X p4 }
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin7 f7 q: a( T5 I
made a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
# S+ H1 V: u- i% W" o2 O# rStreet watchdogs.
3 V9 B, j6 P# N% w”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret," J# m4 ]( Z& V
Mr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing- W2 f: t: j) b+ r5 h ] \' E
investigation.
) N: Y# [. J2 ?' O6 E6 B6 c, PWhen investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
* {* G, y; Z# d7 @; \four-hour confession.- C w7 c1 d% g: z0 B! ]* p" f
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common6 k& ?( |1 K8 Y/ v
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with0 o4 N4 v1 Z* |2 d7 H( s
knowledge of the handful of stocks destined to go through the roof could make a fortune.3 l+ |% W, t1 E5 \
”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to
) H, e! H3 q$ mmake it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
& `* r* b' t6 k' Win the moment.”6 E9 [- w9 C; R4 t0 R
In a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of
- A) z* `% ~8 E* jOsama Bin Laden and a cure for AIDS.
& Z! @/ p: v- S% c- v. eAll he wants is to be allowed to return to the future in his “time craft.”4 {# }- L3 H5 b* F
However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear
$ d9 L( G+ Y$ d) V* Q) dthe technology could “fall into the wrong hands.” |
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