Dr. Marvin Moy.Photo: Facebook

Marvin Moy

A New York City doctor who was charged in a federal $100 million health fraud scheme is missing after he fell off a boat in an alleged collision during a midnight excursion off the coast of Long Island in mid-October, say authorities.

On the night of Oct. 12, Moy took his boat for a ride in the Atlantic Ocean off the coast of Long Island with another passenger on board when an “incident” took place, according to a statement from the U.S. Coast Guard.

“The incident was reported just after midnight on the morning of Oct. 13 of an alleged collision involving Mr. Moy and one other person with a large vessel,” the statement said.

The doctor went overboard “and the other person was recovered while Moy remained missing, the statement said.

Marvin Moy’s boat.Facebook

Marvin Moy’s boat

“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,” the Coast Guard said in the statement.

An EPIRB is a portable distress beacon that gives searchers an exact location during an emergency at sea.

The boat, the Sure Shot, sank, the Coast Guard said in the statement.

Rescuers saw evidence of a crash, including debris and an oil sheen on the water, theNew York Postreports.

The Coast Guard also interviewed people on other vessels in the area who didn’t know that a crash had taken place,Fox Newsreports.

Moy remains missing.

“In regards to Moy’s condition/whereabouts, The Coast Guard considers only facts and opinions within the Coast Guard’s competence and makes no conclusion regarding death,” the statement said.

The passenger on the boat with Moy has not been publicly identified.

Details of Alleged Fraud

Moy vanished less than a week before he was scheduled to appear in federal court for a hearing.

In January, Moy was one of 13 defendants indicted and charged in an alleged $100 million health care fraud, money laundering and bribery scheme.

“The thirteen defendants charged in today’s indictments are alleged to have collectively perpetrated one of the largest no-fault insurance frauds in history, U.S. Attorney Damian Williams said in the statement from the U.S. Attorney’s Office.

“In carrying out their massive scheme, among other methods, they allegedly bribed 911 operators, hospital employees, and others for confidential motor vehicle accident victim information,” the statement said.

It continued: “Schemes exploiting no-fault insurance laws – which ironically exist to make insurance more affordable – also result in higher costs, and unfairly burden all consumers in the auto insurance market.”

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Moy pleaded not guilty to the charges.

A friend of Moy’s hopes he is somehow alive.

“I would obviously like for my friend to be found,” the friend told theNew York Post.“There’s still a chance he’s shipwrecked on some small rock,” the friend said.

If convicted, Moy faces up to 30 years in federal prison.

Moy’s attorney was unable to be reached for comment. The USCG did not immediately respond to PEOPLE’s requests for comment.

source: people.com