The Milwaukee Journal Sentinel reports the state Department of Justice announced the settlement Wednesday. It had accused Texas-based Green Palm Vacations and Arizona-based Perfekt Marketing of promising people free airline tickets and gift cards that consumers often didn't receive.
The state says at least 87 people lost money and free trips totaling $343,000 through sales presentations and fliers.
Wisconsin requires companies that offer prizes to give them out up front. Two of the five men responsible for the promotion told investigators they didn't think people would stay for the presentation if they gave out prizes first.