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http://www.centurioncounsel.com/ ... Counselor_Q1-03.pdf `3 k9 j7 f8 g- `4 l" o
‘TIME-TRAVELER’ BUSTED FOR INSIDER TRADING
7 W9 v5 Y8 y" S, W5 `7 MWednesday March 19, 2003 By CHAD KULTGEN4 k; _, H( d+ e1 _" v
NEW YORK — Federal investigators have arrested an enigmatic Wall Street wiz on insider-trading
& A1 D8 ^2 [: r$ _( L6 f4 G* m1 Ycharges — and incredibly, he claims to be a time-traveler from the year 2256!' _8 h# Y4 I! q
Sources at the Security and Exchange Commission confirm that 44-year-old Andrew Carlssin offered the7 ` H2 _+ \: C6 ~: F" Z/ b. U
bizarre explanation for his uncanny success in the stock market after being led off in handcuffs on January8 c1 A0 ]3 D7 J7 I' p
28.4 c! {" `% h7 ~' `% b/ r1 `
”We don’t believe this guy’s story — he’s either a lunatic or a pathological liar,” says an SEC insider.- Q- F5 W9 F% w! q# z
”But the fact is, with an initial investment of only $800, in two weeks’ time he had a portfolio valued at over r9 X3 `4 T8 Q0 U
$350 million. Every trade he made capitalized on unexpected business developments, which simply can’t be
# m6 s8 u& U+ o2 gpure luck.
4 j$ g" R0 d. {8 B" A% l”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 E7 D" v+ ^: k7 W" _9 mIsland until he agrees to give up his sources.”& b! ^6 }9 q* m5 u1 L
The past year of nose-diving stock prices has left most investors crying in their beer. So when Carlssin
( _& l1 ]4 \( {) X: s9 mmade a flurry of 126 high-risk trades and came out the winner every time, it raised the eyebrows of Wall
0 i7 C O% l9 k9 K" C. j% p- H& DStreet watchdogs.. ]% J9 \2 b% g; J
”If a company’s stock rose due to a merger or technological breakthrough that was supposed to be secret,
9 k7 c& u3 q" `, y, n+ |* a1 AMr. Carlssin somehow knew about it in advance,” says the SEC source close to the hush-hush, ongoing
9 m' A3 O$ j' W( f" C" Vinvestigation.0 H1 K3 E2 i9 A, j+ l0 l. D2 Y
When investigators hauled Carlssin in for questioning, they got more than they bargained for: A mindboggling
4 k& J) y! ^( ^# P# L* o9 J2 x% W- Zfour-hour confession.1 r2 O- h8 O6 r) ^# P7 _" `+ `- y' Q
Carlssin declared that he had traveled back in time from over 200 years in the future, when it is common3 X( G/ T- O2 k. ~6 I+ f+ l8 N3 L# D
knowledge that our era experienced one of the worst stock plunges in history. Yet anyone armed with
' r+ F/ l9 L4 k% |2 B8 @4 T% E0 Xknowledge of the handful of stocks destined to go through the roof could make a fortune.
1 B* i% N9 p, H$ j. j+ e/ y) Y”It was just too tempting to resist,” Carlssin allegedly said in his videotaped confession. “I had planned to! O& a8 r: d# a- T3 ?9 [
make it look natural, you know, lose a little here and there so it doesn’t look too perfect. But I just got caught
" i* n: K: I8 e9 e4 vin the moment.”
# Y g* X ]; m* VIn a bid for leniency, Carlssin has reportedly offered to divulge “historical facts” such as the whereabouts of. e2 N) W; I/ x( Z
Osama Bin Laden and a cure for AIDS.; E' \* I! F% m2 ~( R. Z( K
All he wants is to be allowed to return to the future in his “time craft.”
, D# V$ a/ Q; h& ?# y# |However, he refuses to reveal the location of the machine or discuss how it works, supposedly out of fear) ]% ]" E2 d2 r& D5 t0 [# L
the technology could “fall into the wrong hands.” |
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