The Big Dig Presents: Catching The Codfather

Catching The Codfather | 1. Red Lobster

23 snips
Feb 11, 2026
Carlos Rafael, a New Bedford fishing magnate who built Carlos Seafood into a regional powerhouse. He recounts his rise from the Azores to running a vast fleet. The story covers booming modernization, federal loans, shrinking quotas by 2015, a suspicious sale meeting with covert buyers, and the shocking discovery of hidden cash ledgers tied to an illicit fish network.
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ANECDOTE

Selling Plans That Never Stuck

  • Carlos Rafael recounts wanting to sell his business and hand it to his daughter but she refused the lifestyle and responsibility.
  • He says his late decision to keep working led to the legal troubles that followed.
ANECDOTE

Scarface Parallels In The Office

  • Carlos's office decor includes Scarface memorabilia and he imagines Al Pacino playing him in a film adaptation.
  • The comparison frames him as an immigrant who made his own luck and pushed boundaries.
ANECDOTE

From $5,000 To Fleet Owner

  • Carlos started Carlos Seafood with a $5,000 loan and 27 cents and quickly bought boats to expand.
  • He moved from fish cutter to buyer to boat owner, focusing on business rather than going to sea.
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