DOJ accuses Dave Inc. and CEO Wilk of misleading customers with false cash advance ads.

The U.S. Justice Department filed a complaint against fintech company Dave Inc. and CEO Jason Wilk for allegedly misleading consumers with ads promising cash advances that many didn't receive. The complaint seeks consumer refunds, penalties, and an injunction to prevent future violations. Dave denies many of the allegations. This replaces an earlier FTC complaint that didn't name Wilk or seek penalties.

3 months ago
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