Baltimore, Maryland – Dana Lamar Antonio Hayes, Jr., age 37, of Baltimore, Maryland, pleaded guilty today to a federal wire fraud charge related to a scheme to obtain a fraudulent Economic Injury Disaster Relief loan application (EIDL loan) and several Paycheck Protection Plan loan applications (PPP loans), under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, from two financial institutions (Bank1 and Bank 2).
The guilty plea was announced by United States Attorney for the District of Maryland Erek L. Barron; Special Agent in Charge Thomas J. Sobocinski of the Federal Bureau of Investigation, Baltimore Field Office; and Special Agent in Charge Darrell J. Waldon of the Internal Revenue Service - Criminal Investigation, Washington, D.C. Field Office.
According to his plea agreement, between March 2020 and October 2021, Hayes submitted a fraudulent EIDL loan application and PPP loan applications to the Small Business Administration (SBA) and two financial institutions (Bank1 and Bank 2).
Specifically, in March 2020, Hayes submitted a fraudulent EIDL loan application on behalf of his previously forfeited and recently revived company, D&L Investment Properties Inc. The EIDL loan application contained false statements regarding the number of D&L employees...
Over the last year, beyond traditional healthcare and federal procurement matters, the government has pursued federal False Claims Act (FCA) investigations and enforcement across high-risk areas, i...