hoo-ha-ha

"Whats this then? Some strangers rifling about in my wreck? Listen this here's finders keepers, but if you find anything good you better unfind it, because this is mine. That's hypocritical? I don't care. I make the rules around here so you better not be a problem, landwalkers. There's a reason I'm called shark."

he coughs when questioned about the "Bait" part

"Listen, don't worry about that. Just the shark part. Keep your whiskers out of my way."

The old wreck is abandoned, and a bit dangerous to traverse, but there's still goodies to be found if you do a bit of digging...Look, you've even made a friend!

Theres no one here, but you find some old coins rifling through the wreckage.