Fred Gatchell president of american marine yacht brokers in port canaveral florida listed a sunset/snorkeling business for sale in south florida that included boat. The figures he gave us for the profits of the business were totally false. Fred gatchell mis-represented the business in many other ways costing my wife and I a total of $225,000. Fred gatchell has a friend ken abbott who he shows as a salesperson but he is also a licensed marine surveyor who gives you false information about the vessel and fred gatchell hires him to do his surveys.
I would advise anyone who is looking to do business with this company to stay away. After calling Fred on his scam i have been threatened by fred gatchell saying im a dead man if i report this to anyone.
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