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

Department filed a complaint and 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 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 monetary civil

penalties from the defendants and a permanent injunction to

prohibit them from engaging in future violations, the Justice

Department said.

The government alleges that Dave ( DAVE ) misled consumers by

deceptively advertising its cash advances, charging hidden fees,

misrepresenting how Dave ( DAVE ) uses customers' tips and charging

recurring monthly fees without providing a simple mechanism to

cancel them.

Dave ( DAVE ) says many of such claims are incorrect and it will

defend itself.

The complaint filed on Monday amends and replaces an earlier

complaint that the FTC filed in November, which had named only

Dave ( DAVE ) as a defendant and did not seek any civil penalties.