US Files Complaint Against Fintech App Dave And Its CEO

The U.S. Justice Department has filed a complaint and announced a civil enforcement action against financial technology company Dave and its CEO Jason Wilk for alleged violations of federal law. From a report: The Justice Department and the Federal Trade Commission alleged the company lured users to its personal finance app by advertising cash advances of up to $500 that many never receive.
The complaint, filed by the Justice Department, seeks unspecified amounts of consumer redress and monetary