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International Business Times

Luke Funk

App-Based Cash Advance Company Dave And Its Co-Founder Accused Of Deceptive Practices

DAVE United States Jason Wilk

A view of the Dave App and debit card. (Credit: Dave handout image)

Fintech cash lending app Dave Inc. and its co-founder are accused of misleading consumers with deceptive advertising related to cash advances.

The Justice Department and the Federal Trade Commission are bringing a civil enforcement action against the company and Jason Wilk, who is its co-founder, President, Chief Executive Officer and Chairman of the Board of Directors.

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