All Sections

Home | Business

Former owner of Candia water park faces fraud charges

August 17. 2017 11:33PM
Liquid Planet Water Park founder Kevin Dumont watches on as his property is sold at an auction in December 2015. (Jason Schreiber/Correspondent file)

CONCORD — The former owner of Liquid Planet Water Park in Candia faces charges that he illegally and fraudulently raised $1.52 million from investors, according to the state Securities Bureau.

The bureau said Kevin J. Dumont issued unregistered securities without a license.

He issued the securities to 26 investors between 2008, when the park first opened, until 2015, when it went into foreclosure, the Securities Bureau said.

The Securities Bureau accused Dumont failing to provide material information to investors about Liquid Planet operations.

If found liable on the accusations, he faces fines, costs and restitution to the aggrieved investors.

Dumont has 30 days to request a hearing.

Business Tourism Candia

More Headlines

Love and NASCAR return to NHMS