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United States Files Complaint Against Dave Inc. and CEO Jason Wilk Alleging Deceptive Practices in Violation of Federal Law

dave
  • January 5, 2025
  • Fintech, Insights

The Department of Justice and FTC have filed a civil complaint against Dave Inc. and CEO Jason Wilk, alleging deceptive practices in marketing cash advances, including hidden fees, misleading tipping interfaces, and falsely claimed charitable contributions. The complaint accuses Dave of enrolling users in recurring memberships without clear disclosures or easy cancellation options, violating federal laws like ROSCA. The government seeks financial penalties, consumer redress, and an injunction to prevent future violations, emphasizing protection against exploitation of financially vulnerable consumers.

United States Files Complaint Against Dave Inc. and CEO Jason Wilk Alleging Deceptive Practices in Violation of Federal Law

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