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 Music

Apollo to mark Billie Holiday’s birthday

billieholiday

The legendary jazz and blues singer will be inducted into the Apollo Walk of Fame on April 6.

in Music

Lars Ulrich celebrates final days as a bachelor

ulrichmiller

The Metallica rocker celebrated his upcoming wedding with Bradley Cooper, Sir Ian McKellen, and his bandmates.

in Entertainment

Jamie Dornan signs on for war drama amid ‘Fifty Shades’ rumors

dornan

The casting news comes just days after reports he pulled out of plans to appear in the sequels to "Fifty Shades of Grey."