Guma Aguiar
Guma AguiarIsrael news photo: Flash 90

Rabbi Moishe Lipszyc of the Chabad Lubavitch of Fort Lauderdale was "devastated" Wednesday by the news of the disappearance of philanthropist Guma Aguiar, who attends his synagogue.

"I went running in the middle of the night to where the boat was found, and I was sitting there praying, and watching the Coast Guard do their work," he told WSVN Florida.

The Coast Guard said that the search for Aguiar continues in the ocean, waterways and on beach.