Website targeting vets handed over to feds
LOUISVILLE — A California-based company accused of preying on veterans for their education benefits agreed Wednesday to pay $2.5 million to 20 states and turn over its website - GIBill.com - to the U.S. Department of Veterans Affairs.
The consumer protection settlement between the states and QuinStreet Inc. was filed Wednesday in a Frankfort, Ky., court.
The agreement comes against a backdrop in which military veterans are a lucrative market for colleges.
QuinStreet, an Internet marketing and media company, called the agreement a “significant step forward,” and said it didn’t view its websites as misleading.
• From wire dispatches and staff reports
By John Solomon
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