Stamford real estate investment firm owner pleads guilty to $17M securities fraud

By Reece Alvarez

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Carlton Cabot of Stamford, former owner and CEO of Cabot Investment Properties LLC (CIP) in Boston, has pleaded guilty to a $17 million securities fraud scheme taking place for several years. According to a statement from Preet Bharara, U.S. attorney for the Southern District of New York, Cabot admitted to taking over $17 million in investor funds…

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