News

Parsons Appears in Federal Court; Reveals New Buy/Sell/Trade Business

Parsons Appears in Federal Court; Reveals New Buy/Sell/Trade Business

Jeff Parsons exits the federal courthouse in Springfield. July 10, 2014 Photo: Newsradio WTAX/Alex Degman

A man who owes his former employees more than $12 million has appeared in Springfield to answer questions about his assets.

Jeff Parsons, who owned THR and Associates before it went bankrupt in 2012, answered questions under oath for two hours in federal court. An attorney for former THR employees questioned him about his personal and business expenses, trying to figure out how he separates the two.

Parsons, who moved to Texas last year to live with his girlfriend, started another buy/sell/trade business known as NCCA LLC.

Parsons did not provide all the documents required. At one point, Parsons told the questioning attorney he thought he needed to submit documents only for Jeffery Parsons; not for THR and Associates nor any other business venture, including NCCA LLC. He’s been given an additional 30 days to submit the documents.

He’ll be back in federal court on August 27th.

Recent Headlines

in Local

Meth Lab Found in Church

Fresh
policetape

Small fire starts as cops dismantle lab

in Election 2014, Local

Stating Their Case, but Not Face to Face

illinois farm bureau

Bloomington is the farthest south the two pairs could get until Election Day

in Local

Illinois Supremes Back “Home”

illinois supreme court

Illinois Supreme Court Building rehab completed

in Local

Veteran Walks for Others

eric peters

He doesn't carry physical scars from the Iraq and Afghanistan wars, but the wounds are still there

in Local

Judge Threatens Jeff Parsons With Criminal Contempt

Jeff Parsons appears defiant as he walks out of federal court in Springfield July 10, 2014

A federal judge has threatened to hold former THR and Associates boss Jeff Parsons in criminal contempt of court if he doesn't provide the documents needed to proceed with his case.