no, it's not a hoax - plot between 35n down to 70w then across to 60w then back upto 35n and there it is - the triangle.
christopher columbus drew this up as a kind of boundary of protection in 1482 and became very protective of his beloved island, where he died in 1557. in between, any ships straying into his herritory, his triangle, were sunk - they disappeared. hence the bermuda triangle has continued...............