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MASSACHUSETTS: Most of ‘Codfather’ fishing fleet sold

February 24, 2020 — Except for a few loose ends, Carlos Rafael’s fleet has now been sold.

Blue Harvest Fisheries, with facilities in Newport News, Virginia, and Fairhaven and New Bedford, finalized the purchase Thursday of 12 large fish trawlers, 27 fishing permits and their quota allocations that once belonged to the disgraced New Bedford fishing industry mogul.

Once dubbed “The Codfather” for his outsize presence and influence across the Northeast commercial fishing industry, Rafael is serving a 46-month sentence in a federal prison at the former Fort Devens in Harvard. He pleaded guilty to falsely labeling fish, smuggling cash, tax evasion and falsifying federal records as part of a scheme to catch and sell fish for which he did not have the necessary quota.

Under the terms of an agreement in a civil case brought by the National Oceanic and Atmospheric Administration, Rafael agreed to leave commercial fishing and to sell off all his vessels by December 2020. His attorney, John Markey, said 95% of that divestiture is now complete. All that remain are a herring trawler and its permit, two fishing permits that are already under a sales agreement that has not been executed and two fishing vessels that have no permits.

Blue Harvest CEO Keith Decker and Markey would not disclose the amount paid for the dozen trawlers, but Markey said Rafael has now paid off his debts.

Read the full story at the Cape Cod Times

Concerns raised with Rafael boat deal

January 13, 2020 — By the start of the new fishing year on May 1, Carlos Rafael, once owner of one of the largest fishing fleets in the country and known as the “Codfather,” will officially be little more than a memory on the New Bedford waterfront.

According to his attorney, John Markey, Rafael will have sold off all of his fishing empire as part of a settlement agreement with the National Oceanic and Atmospheric Administration, and will be out of the fishing industry forever.

“The Rafaels committed to NOAA to sell their fishing assets and they did that,” Markey said Friday.

Rafael has less than two years left to serve of a 46-month prison sentence. He pleaded guilty to falsely labeling fish, smuggling cash, tax evasion and falsifying federal records as part of a scheme to catch and sell fish for which he didn’t possess the necessary quota.

In August, he reached a settlement agreement with NOAA to pay more than $3 million in fines, sell off his fleet by December 31, 2020, and leave the fishing industry forever.

Read the full story at the Cape Cod Times

Forced sell-off of Rafael assets begins

September 24, 2019 — A father-and-son team from Massachusetts and other buyers are acquiring scallop fishing boats owned by a disgraced fishing magnate nicknamed the Codfather, signaling the beginning of the former mogul’s forced exit from fisheries.

The sale of Carlos Rafael’s 11 scallop boats, and their associated permits, is part of a civil settlement Rafael agreed to with the federal government that will result in his permanent removal from the U.S. fishing industry.

Rafael, once the owner of one of the largest commercial fishing operations in the U.S., was sentenced to nearly four years in prison for dodging quotas and smuggling profits overseas.

Scallopers Charles Quinn and son Michael Quinn are buying seven of Rafael’s scallop boats and selling one of them, their attorney, Andrew Minkiewicz, told The Associated Press. Court documents state the Quinns paid about $46 million for the boats.

Rafael’s attorney, John Markey, of New Bedford, confirmed the other boats have also sold, but declined to disclose the other buyers or purchase prices.

Read the full story at The Associated Press

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