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hoax?

Remember the story about the missing 29′ sailboat off Frisco? Turns out that it might be a hoax….

The U.S. Coast Guard is suspending its search off the California coast for a distressed 29-foot sailboat that was carrying a couple and two children, and said Tuesday the incident is “possibly a hoax.”

The mission’s cost has reached several hundreds of thousands of dollars since Sunday, said Cmdr. Don Montoro.┬áSearchers have been scouring the water off San Francisco for the people that a distress call claimed were on the boat: the couple, their 4-year-old child and the child’s cousin, who the Coast Guard said was younger than 8.

Coast Guard investigators will look into the incident and “prosecute it and investigate it to the best of their ability,” Montoro said. “We’re not investigating it directly as a hoax, but we are pursuing every avenue. It’s certainly a possibility.” Read on.