NEW HAVEN, Conn. (WTNH) — An East Lyme man has pleaded guilty to false advertising and dissemination of false advertisements for mortgage modification services.
Matthew Goldreich, 46, appeared in New Haven federal court Thursday. He’s accused of using his New London-based media agency National Medical Connection, LLC, to create advertisements for a shell company he also owned. The advertisements claimed the shell company could help struggling homeowners get mortgage loan modifications. Court documents show, people who called the toll-free numbers listed in those ads would instead be connected to National Media Connection clients, some of whom charged fees without providing a service.
Goldreich is facing up to a year in jail for the crime and a fine up to $100,000. He’s due to be sentenced November 5, 2015.