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Former BASE auction employees implicate owners in Carlos Rafael scandal

February 26, 2021 — Two former employees of the Buyers and Sellers Exchange (BASE) in New Bedford, Massachusetts, U.S.A. have alleged that the owners – brothers Raymond and Richard Canastra – were aware of and involved in falsifying quotas performed by the “Codfather” Carlos Rafael.

Rafael pleaded guilty in 2017 to falsifying fish quotas, tax evasion, and conspiracy in the wake of allegations he was connected to a criminal fishing scheme involving the evasion of fishing quotas and the smuggling of profits to Portugal. Following the criminal case, a civil case brought by NOAA ensued, which Rafael settled in August 2019.

Read the full story at Seafood Source

BASE auction withdraws its bid to buy Carlos Rafael’s boats

January 10, 2020 — An attempt to gain control of a large portion of Carlos Rafael’s fleet by the local seafood auction has been withdrawn after a fight over the vessels made its way to court.

Buyers and Sellers Exchange (BASE), the seafood display auction on the city’s waterfront, attempted to take over an existing deal negotiated by Blue Harvest Fisheries for a number of Carlos Rafael’s groundfish vessels, Blue Harvest CEO Keith Decker told The Standard-Times in December.

However, since then BASE has withdrawn their bid on the vessels, and Blue Harvest Fisheries’ original deal is back in place, according to both BASE and Decker.

The fight is an important one as New Bedford is trying to keep the fishing and scallop boats, as well as their federal permits, in the city. Though both entities have pledged to do that, Blue Harvest would consolidate ownership and BASE has said it would resell the boats to individual owners.

In a press release sent out on Thursday, BASE said, “Unfortunately the folks that encouraged BASE to move forward have now withdrawn their commitments, due to Blue Harvest’s litigation.”

Blue Harvest filed a civil suit against Carlos Rafael and the fishing corporations associated with his fishing vessels on December 23, after BASE had exercised their Right of First Refusal to their purchase, and listed BASE as an interested party in the suit, according to court documents.

Read the full story at the New Bedford Standard-Times

Canastras: Backers for Rafael vessels withdrew after Blue Harvest lawsuit

January 9, 2020 — Richard and Raymond Canastra say the reason they withdrew their $19.3 million offer to buy 15 of Carlos Rafael’s groundfish vessels, in New Bedford, Massachusetts, is because the lawsuit filed by Blue Harvest Fisheries scared off their backers.

Undercurrent News broke the news Wednesday morning that the Canastras, the founders and owners of the Buyers and Sellers Exchange (BASE), New Bedford’s largest seafood auction, were ending the fight which has served to divide the New England fishing community.

The two brothers did not immediately respond to requests by Undercurrent for an explanation. On Thursday, however, they answered with a press release sent by Cassie Canastra, BASE’s director of operations, and the daughter of Raymond Canastra.

“It was not BASE’s intention to acquire and own these permits and vessels for BASE’s long-term ownership,” the statement reads. “In fact, it was quite the opposite.”

Read the full story at Undercurrent News

Bregal’s Blue Harvest set for 15 Rafael vessel deal after Canastras withdraw offer

January 8, 2020 — Richard and Raymond Canastra, the founders and owners of the Buyers and Sellers Exchange (BASE), the seafood auction in New Bedford, Massachusetts, have withdrawn their offer for convicted former commercial fishing mogul Carlos Rafael’s 15 groundfish vessels, essentially giving the boats and their related permits to Blue Harvest, Undercurrent News has learned.

The details are as scant as the three sentences contained in an email sent by one of the attorneys to the others involved in the highly contentious fight to acquire the vessels, a copy of which has been obtained by Undercurrent News.

“BASE has provided notice to the Rafaels that they are not moving forward with the transaction. Blue Harvest is free to complete the transaction with Rafaels. Kindly forward a stipulation of dismissal of the Blue Harvest matter,” reads the email.

Read the full story at Undercurrent News

Quinn Fisheries finalizes deal for six Rafael scallop vessels

September 24, 2019 — The following is an excerpt from a story originally published by Undercurrent News:

Quinn Fisheries, a 33-year-old, New Bedford, Massachusetts-based scallop operation, has closed its deal to purchase six of Carlos Rafael’s 11 scallop vessels and their related permits, sources told Undercurrent News.

The acquisition, which was confirmed by Michael Quinn, the operations manager and co-owner of the company with his father and founder Charlie Quinn, doubles the size of the Quinn Fisheries scallop fleet to 12 total vessels and will cost the company about $40 million.

The new vessels acquired include the Acores, Athena, Apollo, Gypsy Girl, Hera II and the Villa Nova Do II, Michael Quinn said.

Undercurrent News had earlier reported how the Quinns had a deal to buy seven of Rafael’s vessels for nearly $46 million, per an Aug. 29 purchase agreement. The deal later was confirmed by court documents related to a lawsuit filed against Rafael by the Buyers and Sellers Exchange (BASE), the New Bedford, Massachusetts-based seafood auction.

BASE’s owners Richie and Raymond Canastra attempted to block the agreement as part of an apparent attempt to acquire the same vessels, which also possess several groundfish permits. They argued unsuccessfully that Rafael violated the rules of groundfish sector 7 related to offering other sector members the right of first refusal.

However, Merita Hopkins, an associate judge in Bristol County, Massachusetts, blocked the temporary restraining order requested by BASE, freeing up the Quinns and Rafael to complete their agreement.

Read the full story at Undercurrent News

MASSACHUSETTS: SouthCoast Woman of the Year: Canastra’s drive helping keep groundfishing alive

December 31, 2018 — Among the grizzled lifelong fishermen sat six-year-old Cassie Canastra. She staked claim to the seat toward the right side of the second table in the small room where thousands of pounds of fish were auctioned off each day. Her spot faced the television and was the closest to the sweets brought by her father, Raymond.

Her pastry of choice: Malasadas.

“She knew I was going to go to the Portuguese bakery before work. She wanted that,” Ray said with a loud chuckle. “That’s the truth.”

The malasadas certainly didn’t deter her from begging her parents to wake hours before sunrise to arrive at the Buyers and Sellers Exchange seafood auction for 4:30 a.m.

Her father and uncle Richie both have fishing running through their blood. The gene was passed down to Cassie.

Read the full story at New Bedford Standard-Times

Scallop auction owners, friends of Carlos Rafael, tipped as likely fleet buyers

September 25, 2017 — Could old friends of Carlos Rafael’s wind up with his massive New England fishing fleet?

Speculation is building that the Buyers and Sellers Exchange (BASE), an electronic seafood auction firm in New Bedford, Massachusetts, could be the company mentioned in court documents as having signed a memorandum of agreement to buy the 30-something vessels, an unknown number of skiffs, and some 50 state and federal permits to catch scallops, cod, haddock and many other fish found in the Gulf of Maine.

Richard and Raymond Canastra, BASE’s co-owners, were not in their offices on Friday, a company employee told Undercurrent News. But many see it as a likely match.

Raymond Canastra is reported to be a long-time friend of Rafael’s. The two mens’ daughters co-own a seafood brokerage firm in New Bedford.

The Canastra brothers don’t have fishing boats, but if they were able to acquire the Rafael operation, “it would not be a surprise to anyone”, Jim Kendall, a longtime member of the area fishing community and the executive director of New Bedford Seafood Consulting, told Undercurrent.

The Canastras know the fishing industry well, and probably wouldn’t have too much trouble making Rafael’s business work with theirs, he said. There is little money to be made in groundfish, but Rafael’s scallops permits could be quite valuable. Also, it would satisfy the goal of keeping nearly 300 jobs in the area.

Read the full story at Undercurrent News

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