Jeffrey Steven Henry, co-owner of Schlitterbahn Waterparks and Resorts park in Kansas City, was charged with murder following the tragic decapitation of 10-year-old Caleb Schwab.
A new report claims the man suffered from drug problems and monetary woes before his Wednesday arrest.
In 1994 and 2007, Henry was arrested for drug violations. In the first instance, he and his wife were caught with 17 ounces of pot, a revolver, a derringer and more than $7,000 in cash. They divorced soon after.
Henry pleaded guilty to a third-degree felony for the first arrest, and guilty to a misdemeanor for the second arrest.
According to a report, Henry recently had a disagreement with water park co-owner Gary Henry and their business partner Schexnailder. The feud led the group to file for bankruptcy.
RadarOnline.com readers know Henry's murder charge comes after Schwab was killed while riding the 17-floor Verrückt waterslide. Ride designer John Timothy Schooley was also charged with reckless second-degree murder, according to PEOPLE, and Henry & Sons Construction Company, Inc. received the same charge.
Schlitterbahn Waterpark was indicted on charges of involuntary manslaughter, as was the former director of operations Tyler Austin Miles. Both were also accused of interfering with the law after failing to report other children's injuries prior to Schwab's tragic decapitation.
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