News

Judge Threatens Jeff Parsons With Criminal Contempt

Judge Threatens Jeff Parsons With Criminal Contempt

Jeff Parsons appears defiant as he walks out of federal court in Springfield July 10, 2014 Photo: Newsradio WTAX/Alex Degman

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.

Parsons last appeared in court July 10th when he was ordered to produce documents related to THR and his current buy/sell/trade ventures. He owes former employees and vendors more than $12 million and declared bankruptcy in 2012.

Parsons, again, didn’t provide everything needed. He solicited an attorney and accountant to go through receipts and compile financial reports, but he didn’t provide transaction reports or invoices for any good, silver or other goods he bought at shows and then and sold to Steve Mileham, the man who owns Goldlink on MacArthur Blvd. in Springfield.

Parsons told attorney Doug Quivey, representing Parson’s former employees and vendors, that Mileham buys materials purchased at road shows and offers what’s called “advances” in exchange. Quivey, poring over documents, says Mileham has “advanced” Parsons nearly $2 million since he filed for bankruptcy in 2012.

Parsons didn’t provide transaction reports detailing how much, if any, of that money went into his business accounts.

Federal Judge Sue Myerscough, toward the end of the nearly two hour hearing, recessed until Oct. 1. She threatened to hold Parsons in criminal contempt of court, with possible jail time, if he doesn’t produce all the requested documentation by Sept. 10.

Parsons said he understood.

He’s been operating a buy/sell/trade business in Texas known as NCCA LLC, formerly known as the Collector’s Road Show, since last year. Financial records show Parsons has paid himself a nearly $78,000 salary from November 2013 to the end of July 2014.

It was also revealed that Parsons’ son, Jacob Parsons, filed bankruptcy this summer.

Recent Headlines

in Music

Led Zeppelin plagiarism case to be heard in Pa.

Fresh
2012 Kennedy Center Honorees and members of the band Led Zeppelin, from left, Jimmy Page, John Paul Jones, and Robert Plant chat on the red carpet after arriving at the Kennedy Center for the Performing Arts for the 2012 Kennedy Center Honors Performance and Gala Sunday, Dec. 2, 2012 at the State Department in Washington.

Led Zeppelin have lost the first round in their plagiarism battle over mega-hit "Stairway to Heaven."

in Entertainment

Jay Leno is the funniest man in America

jayleno

The former "Tonight Show" host received the Mark Twain Prize for American Humor at the Kennedy Center Honors.

in Entertainment

REVIEW: Too familiar ‘Fury’ misses glory

This photo released by Sony Pictures Entertainment shows Brad Pitt as Wardaddy in a scene from "Fury."

Brad Pitt is fantastic, but Fury can't go out in the blaze of glory it aimed for.