Marvin Moy, a physician and rehabilitation doctor who practices out of Hempstead, New York, went out in his boat Sure Shot on October 12, a week before he was due in court for a hearing. His vessel collided with a larger commercial vessel about 25 miles off the coast of Fire Island, the New York Post reported.
On October 13, First Coast Guard District posted on Twitter that it received a distress alert from Moy's boat just after midnight. The Coast Guard (CG) said the boat sank within 15 minutes and two people were aboard at the time of the collision. First Coast Guard District confirmed that only one person was rescued around 7 a.m. on October 13, and rescuers reported debris and an oil sheen on the water.
"The other person was recovered while Marvin remained missing," a First Coast Guard District representative said. "We conducted boat and helicopter searches for over 30 hours covering 4,830 nautical miles, finding only the Emergency Position Indicating Radio Beacon that he was allegedly holding when he was last seen."
On October 15, First Coast Guard District tweeted that the "search for the missing person has been suspended" and an "investigation into the cause of the sinking is ongoing."
Moy is one of the doctors arrested in January for his suspected involvement in the $100 million fraudulent healthcare practices, money laundering and bribery schemes. He was linked to the criminal enterprises that bribed police dispatchers and healthcare workers for car accident victims' information.
Back in January, authorities claimed Moy conducted "unnecessary and painful electrodiagnostic testing on patients" while a cohort falsified "findings of clinical injuries in magnetic resonance imaging (MRI) results in order to boost patient referrals." They then overcharged the insurance companies to exploit automobile insurance laws in New York and New Jersey that require them to pay for victims' medical bills in certain situations. (Related: BUSTED: Top medical fraud and illegal health care schemes of 2022.)
The doctor's friends said they are troubled by the alleged accident that apparently flung Moy overboard after he and his passenger collided with a larger vessel.
"We've got unresolved questions. We do not know what happened," one of his friends said. "I would obviously like for my friend to be found. There’s still a chance he's shipwrecked on some small rock."
According to his friends, the identity of Moy's passenger is not known to them, but may have been someone he knew from the Long Island boating community.
One of his pals also told DailyMail.com that it wasn't unusual for the doctor – whose Manhattan apartment looked more like a fishing cabin than an Upper East Side flat – to stay overnight on the boat after being out fishing all day and that "tragedies like this happen from time to time."
His friend said Moy, who divorced his wife two years ago, was diabetic and had battled pancreatic cancer.
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