The state of California is has filed a lawsuit against Corinthia Colleges (CCI), a Santa Ana-based for profit college, alleging that the company advertised education programs that don't actually exist for radiologists and other professions, AuntMinnie.com reported.
The state alleges that CCI has run millions of online and mobile ads for programs in ultrasound, X-ray, radiology, and dialysis at its California campus, even though--the state contends--it doesn't offer any of those programs.
There are 81,000 students attending CCI colleges, about one-third of whom are in California. According to the California attorney general's office, CCI's predatory marketing efforts target vulnerable, low-income job seekers who have annual incomes near the poverty line.
The complaint also alleges that CCI committed securities fraud by misrepresenting its job placement rate to investors. Article