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Man once chained to slide in violation of securities laws
CONCORD, N.H. – A man who once chained himself to a giant slide at a New Hampshire water park to stop foreclosure proceedings has been found in violation of state securities laws.
Kevin Dumont, of Dover, ran the Liquid Planet Water Park in Candia. He held a vigil in 2015 to save it, but it eventually was bought by a competitor.
The state Bureau of Securities Regulation began investigating in 2016. A hearing officer ruled Monday Dumont sold member interests in a holding company in violation of securities registration requirements.
The officer also found the park lacked liability insurance; hadn’t made loan payments; and unlawfully raised over $1 million to fund operations.
Dumont was ordered to pay back over $1.3 million. He has the right to appeal. A number for him was disconnected.
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