Carlos Rafael, a New Bedford-based fisherman who owned, operated and controlled much of the region’s fishing fleet, pleaded guilty to dozens of federal fraud, conspiracy and tax evasion charges Thursday. The fishing mogul now faces up to 6-and-a-half years in prison.
Around New Bedford, Rafael is known as the ‘Codfather.’ The 64-year-old Portuguese immigrant built a remarkable business, with more than 40 boats at his disposal. His business was so robust, Rafael was allowed to catch about 25 percent of all of the fish New England’s fishermen may bring ashore each season.