Dr. Marvin Moy Bio – Dr. Marvin Moy Wiki
Marvin Moy is one of several doctors arrested in January for his suspected involvement in the schemes in which they pressured car accident victims to seek medical treatment at their facilities.
Dr. Marvin Moy is 51 years old.
DETAIL OF INCIDENCE:
A New York City doctor 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.
Dr. Marvin Moy was one of more than a dozen doctors and others who were arrested and charged by federal authorities for allegedly stealing more than $100 million from insurance companies, according to a statement from the U.S. Attorney’s Office for the Southern District of New York.
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.
“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.
Rescuers saw evidence of a crash, including debris and an oil sheen on the water, the New York Post reports.
Fox News reports that the Coast Guard also interviewed people on other vessels in the area who didn’t know that a crash had occurred.
“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.
Although the active search has been suspended, Coast Guard units will continue to stand by for additional information that could assist in the investigation.”
The statement ended by saying, “The investigation into the cause of the sinking is ongoing.”
The passenger on the boat with Moy has not been publicly identified.
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 healthcare 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.
“With this information, they then endangered victims by subjecting them to unnecessary and often painful medical procedures to overbill insurance companies fraudulently,” the statement added.
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.”
Moy pleaded not guilty to the charges.
A friend of Moy’s hopes he is somehow alive.
“I would like for my friend to be found,” the friend told the New 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.