Green’s Dictionary of Slang

flounder n.2

[SE flounder, i.e. the fishing industry]

(US) a Newfoundlander.

[US]‘The Lang. of Crooks’ in Wash. Post 20 June 4/1: [paraphrasing J. Sullivan] A flounder is a native of Newfoundland.
[US]Monteleone Criminal Sl. (rev. edn).