Seafood VP’s Price-Fixing Scheme: How a Miami Executive Cheated Fishermen Out of Millions

Seafood VP Dopico guilty of price-fixing stone crab and lobster, depriving fishermen of fair prices; faces prison.
Close-up of a wooden judge's gavel on a wooden table. Close-up of a wooden judge's gavel on a wooden table.
The gavel sits at the ready, poised to bring order to the courtroom. By Miami Daily Life / MiamiDaily.Life.

Executive Summary

  • Dennis Dopico, a vice president for a Miami-based seafood wholesaler, pleaded guilty to a felony charge of conspiring with competitors to fix prices for stone crab claws and spiny lobster in Florida.
  • The illegal price-fixing scheme, which operated between 2023 and 2025, deprived fishermen of competitive prices for their harvests and is estimated to involve approximately $8 million in commerce.
  • Dopico faces a maximum penalty of 10 years in prison and a $1 million criminal fine, with his sentencing scheduled for January 5, 2026, as part of an ongoing investigation led by the U.S. Fish and Wildlife Service.
  • Laws and Precedent

  • Dennis Dopico pleaded guilty to a felony charge of conspiring to fix prices, a violation of Section 1 of the Sherman Act, which prohibits agreements that restrain trade. This federal antitrust law carries severe penalties, including a maximum of 10 years in prison and a $1 million fine for individuals, with corporate fines potentially reaching $100 million or more. His sentencing will be determined by a federal district court judge, considering U.S. Sentencing Guidelines and other statutory factors.
  • A Miami-based seafood wholesaler’s vice president, Dennis Dopico, pleaded guilty on September 16 to a felony charge of conspiring with competitors to fix prices for stone crab claws and spiny lobster in Florida, according to the Department of Justice. The illegal scheme, which operated between 2023 and 2025, deprived fishermen of competitive prices for their harvests and is estimated to involve approximately $8 million in commerce.

    Details of the Conspiracy

    Court documents reveal that Dopico, in his role as vice president for a seafood processing center, actively conspired with other companies and their employees. Their aim was to suppress competition by artificially setting the prices paid to fishermen for stone crab claws and spiny lobsters.

    The conspiracy involved exchanging text messages and phone calls to coordinate and agree on prices. As the harvest seasons progressed, they would jointly adjust these fixed prices.

    Illustrative Communications

    One example cited occurred on September 28, 2023, when Dopico communicated with a co-conspirator about spiny lobster prices. He instructed, “don’t show text to anyone. Confidential,” to which the co-conspirator replied, “I give you my word. We’re working together now not against each other.”

    Later, on October 13, 2023, the same co-conspirator texted Dopico with new stone crab claw prices. Dopico responded, “let me know what you do. I am matching your prices. It’s the one we like the most.”

    Impact and Official Response

    U.S. Attorney Jason A. Reding Quiñones for the Southern District of Florida emphasized the broad negative impact of such schemes. “Price fixing cheats fishermen, squeezes restaurants, and makes families pay more at the table,” Quiñones stated, vowing to protect fair competition.

    Acting Deputy Assistant Attorney General Omeed Assefi of the Justice Department’s Antitrust Division highlighted the injustice to workers. “Criminal conspiracies to deprive hardworking Americans the right to earn a fair wage are untenable in a free society,” Assefi said, noting that the conspiracy unfairly took money from fishermen for years.

    Assistant Director Doug Ault of the U.S. Fish and Wildlife Service, Office of Law Enforcement, added that these schemes not only disrupt fair competition but also threaten American businesses and the sustainability of valuable fisheries.

    Legal Consequences and Sentencing

    Dopico pleaded guilty to one felony count of restraining trade by conspiring to fix prices, a violation of Section 1 of the Sherman Act. This offense carries a maximum penalty for individuals of 10 years in prison and a $1 million criminal fine.

    Corporations involved in such conspiracies face a maximum fine of $100 million. The fine can be increased to twice the gain from the crime or twice the loss suffered by victims, if either amount exceeds the statutory maximum.

    Dopico’s sentencing hearing is scheduled for January 5, 2026. A federal district court judge will determine the final sentence, considering U.S. Sentencing Guidelines and other statutory factors.

    Ongoing Investigation and Prosecution

    The U.S. Fish and Wildlife Service is leading the investigation into this case. The Antitrust Division’s Washington Criminal Section is prosecuting the case, with support from the U.S. Attorney’s Office for the Southern District of Florida.

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