on a hillside overlooking false bay, shark spotters are keeping a close watch on the waves. after all, this coastline near cape town has long been home to hundreds, if not thousands, of the world s most famous predators. until now. south africa s great white sharks the stuff of nightmares and of nature documentaries have gone mysteriously missing. wherever you go, if you put your feet into the water, you expect to encounter a white shark. but that s not the case no more. i don t even remember the last i ve seen a shark. none at all? none at all. no white sharks in false bay. it is two years now since they vanished, and the economic impact has been devastating. the great white tourism industry has collapsed. unfortunately, we are suffering a lot. it is very, very difficult times. for the whole town.
everything, really. we have a lot of boat ramps, around 17, we make those that sell for $10,000 and boats that sell for $10,000 and boats that sell for $1 million. 0bviously people are coming in on the lower end. 80% of the boats we sell are less than $50,000, fibreglass boats, aluminium boat. just broad interest. if you think about the us, though, about 140 million people every year in the us go out on the water. so although these are new boat owners they are not necessarily new boaters, they are owning a boat for the first time. this new boaters, they are owning a boat for the first time.- boat for the first time. as you sa , it boat for the first time. as you say. it is boat for the first time. as you say. it is an boat for the first time. as you say, it is an ideal boat for the first time. as you say, it is an ideal holiday - say, it is an ideal holiday thing to do because you can do it with somebody or nobody, you can have a loss of fun. in the uk, canal boat sales have been
steven b. and the hawk. steven thought that was awesome. reporter: steven soon became fast friends with harvey and his wife, debbie. what d you think of steven? he was so funny. and he had such a great love of music. and he loved to cook. and i thought, oh, this man s going to be perfect to go on the boat with us. reporter: ah yes, the boat. harvey had it docked at the l.a. yacht club. a 69-foot beauty called the iolair mara. harvey and debbie had big plans for that boat. they d talked about it ever since their first date. he says, what do you want to do when you retire? and i said, i want to sail all over the world. reporter: it was her dream of a lifetime and now debbie actually found the man who shared it. they married at the dawn of the new millennium, right here on the front porch of their new texas home. all that adventure to look forward to. and now harvey had invited steven to go along as chef on their beloved yacht. steven moved aboard, lived with
fiction. i said, i know it s fraud. reporter: and sure enough, when prosecutor mckinney took a closer look at that loan document steven s father s signature didn t match. classic sign of a con job, said the prosecutor. even the idea that there had been any sort of relationship between morrow and steven williams father is nonsense, right? bogus. couldn t have possibly been. couldn t have possibly been and wasn t corroborated by any evidence whatsoever. reporter: now he was ready for the new trial. he showed the jury, check by check, how harvey drained steven s accounts, all 1.7 million, in just 3 years to dress up a boat that was never going to sail anywhere. the boat wasn t properly outfitted for a trip around the world. in fact, it was outfitted in such a way that suggests that it was just going to be a showpiece.
debbie was able to contribute. he says, don t worry, you know, so what if you have to work another year. he said that? yeah. yeah. what did you think? it s like, well, okay. work another year. but by the time i m in it. the boat s bought. he s already sunk so much money into it. so it s like, let s just get this done. can t walk away now. right. can t walk away now. let s get it done. reporter: they did not ask steven to kick in a share, which was probably just as well, given how steven was with money. the creative side of his mind worked very well. but he was not a good money manager. reporter: steven bailey williams, as his friends told the detectives, had lived hand to mouth most of his life. he was a radio guy, made good money, and spent it. finance not a strong suit, said his friend doug johnson. he was bad with money and he was paperwork averse. he would just forget to file his taxes for a few years. how many years would he go? his record was eight.