WASHINGTON, Dec 30 (Reuters) - The U.S. Justice

Department and the Federal Trade Commission announced a civil

enforcement action on Monday against financial technology

company Dave Inc ( DAVE ) and its CEO Jason Wilk for alleged

violations of federal law.

The agencies 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 civil

penalties from the defendants and a permanent injunction to

prohibit them from engaging in future violations, the Justice

Department said.