According to the American Tug bankrupcy petition, four vessels are in various stages of completion at the La Conner, Washington factory. The buyers of one of those boats last week filed a criminal complaint alleging the company CEO had defrauded them in the run-up to insolvency.
Joe and Tana Ganete of Gig Harbor, Washington, went to the Sagit County Sheriff’s Department with a timeline and a list of allegations and supporting documents. They say the department has opened a case file (No. 26-07957) and assigned an investigator to look into it.
Joe Ganete, who was a detective for 18 years before founding a…

