US files complaint against fintech app Dave and its CEO

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WASHINGTON :The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for alleged violations of federal law. 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

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US files complaint against fintech app Dave and its CEO https://www.channelnewsasia.com/ - 31.12.2024 01:05

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US files complaint against fintech app Dave and its CEO https://www.channelnewsasia.com/ - 31.12.2024 01:05