Carlton Penavera Cabot and Timothy J. Kroll—Real Estate Investment Fraud

investors rights attorneysCarlton Penavera Cabot and Timothy J. Kroll Allegedly Operated a $240 Million Commercial Real Estate Scheme

Carlton Penavera Cabot and Timothy J. Kroll allegedly brought in $240 million in from at least 513 investors nationwide in a massive purported real estate scheme, according to a Complaint from the Massachusetts Securities Division currently under review by attorneys Joe Peiffer and Alan Rosca.

Cabot and Kroll owned Cabot Investment Properties (CIP) and offered income producing securities known as tenants-in-common (TIC) investments, and Cabot and Kroll allegedly enticed mostly elderly and retired individuals with TIC’s, according to the Complaint.

The Peiffer Rosca Wolf securities rights lawyers are currently investigating Carlton Penavera Cabot and Timothy J. Kroll for allegedly orchestrating a real estate investment scheme.

Carlton Penavera Cabot and Timothy J. Kroll Allegedly Siphoned More than $17 Million to Fund Their Lifestyle

Carlton Penavera Cabot and Timothy J. Kroll allegedly siphoned more than $17 million in order to fund a life of luxury, even as their business suffered, according to a Complaint from the Massachusetts Securities Division currently under review by attorneys Joe Peiffer and Alan Rosca.

Cabot Investment Properties began to receive complaints in 2012, and the Massachusetts Securities Division accused Cabot and Kroll of civil fraud for allegedly taking $5 million from state residents, many of them retired, according to said Complaint.

Carlton Penavera Cabot and Timothy J. Kroll are both free pending trial, on $1 million bail each, the Complaint notes. Lastly, authorities claim that the duo played upon the famous Cabot name in New England.

Securities Lawyers Investigating

The Peiffer Rosca Wolf securities lawyers often represent investors who lose money as a result of alleged real estate investment fraud schemes. They are currently investigating Carlton Penavera Cabot and Timothy J. Kroll’s alleged real estate investment fraud scheme. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.

Investors who believe they lost money as a result of Carlton Penavera Cabot and Timothy J. Kroll’s alleged real estate investment fraud scheme may contact the investment rights lawyers at Peiffer Rosca Wolf, Alan Rosca or Joe Peiffer, for a free no-obligation evaluation of their recovery options, at 888-998-0520.

Alan Rosca (1168 Posts)

Alan is a securities lawyer. He also teaches Securities Regulation at the Cleveland-Marshall College of Law. He focuses his legal practice on complex commercial and financial litigation and arbitration, particularly in the areas of securities and investment fraud. His office is in Cleveland, Ohio.


In our legal system, every person is innocent until and unless found guilty by a court of law or a tribunal. Whenever we reference “allegations” or charges that are “alleged,” such allegations or charges have not been proven, and are merely accusations, not findings of fault, as of the date of the blog. We do not have, nor do we undertake, a duty to continue to monitor or follow cases about which we report, and/or to publish subsequent blogs regarding various developments that may occur in such cases. Readers are encouraged to conduct their own research regarding any such cases and any developments that may or may not have occurred in such cases.