Vet-targeted website to be turned over to feds

| June 27, 2012 7:17 AM

LOUISVILLE, Ky. (AP) — A company Kentucky Attorney General Jack Conway says preyed on veterans for their education benefits has agreed to pay a total of $2.5 million to 20 states, including Idaho, and turn over its website to the U.S. Department of Veterans Affairs.

Conway announced the consumer protection settlement Wednesday against QuinStreet Inc., which ran the website GIBill.com.

The states alleged GIBill.com misled military veterans by giving the impression schools listed on its site were the only ones where education benefits could be used. The schools were primarily for-profit colleges.

QuinStreet says it doesn't consider the website misleading, but reached the agreement to provide greater clarity.

Other states involved are Alabama, Arizona, Arkansas, Delaware, Florida, Illinois, Iowa, Massachusetts, Mississippi, Missouri, New York, Nevada, North Carolina, Ohio, Oregon, South Carolina, Tennessee and West Virginia.