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The Aquasquatch 

A mysterious organism related to the Sasquatch. The Aquasquatch resides in a swamp on Oak Island near Nova Scotia where he protects the treasures of Oak Island such as The Holy Grail, The Ark of the Covenant, and various pirate treasures. The Aquasquatch is immortal.
The Aquasquatch sees all and knows all.

aquasquatting 

to occupy a boat or other aquatic vessel without owning, renting or otherwise having permission to use it.
Aquasquatting is so much more chic than urban squatting.

aquasquatter 

an occupant of a boat or other aquatic vessel who doesn't own, rent or otherwise have permission to use it.
"When I grow up, I want to be an aquasquatter. It's so much more posh than being an urban squatter."

AquaSquatch 

Cousin of the Sasquatch, lives in water in Wells, Maine! Has large footprints and can be found by calling "SQUAAAAAATCH!"
"Is that a seal?"
"No its an AquaSquatch!"
AquaSquatch by fofofofo February 15, 2010

aquasquatter 

Residents of the Las Vegas area who collect hotel room card-keys from departing guests and use them to gain access to the hotel swimming pools.
He was an expert aquasquatter at most hotels in Vegas.
aquasquatter by beadman October 6, 2008