According to the Philadelphia Enquirer New Jersey law enforcement officials are searching for Andrew Biddle, a champion powerboat racer and world-record holder who is believed to have faked his own drowning after a pontoon boat accident on July 20th off of Longport, a few miles from Atlantic City.
One man, 23-year-old Justin Belz, also a racer, swam to shore from the wreckage. Biddle has not been seen since, despite an extensive Coast Guard search. Egg Harbor police are "proceeding with the investigation as [they] would if [Biddle] hadn't been reported missing," detective Ray Theriault has said.
The Enquirer has postulated that Biddle may be trying to escape responsibility for numerous alleged offenses, mostly stemming from his ownership of Egg Harbor-based company Professional Boat Sales. The Enquirer article notes that Biddle’s business partner in that venture, Tracy Blumenstein “was arrested in February at the Atlantic City Boat Show, following a months-long investigation into the alleged ‘fraudulent sale of a boat, and charged with issuing bad checks totaling $33,000.”