Need more? Try out  Advanced Search (20+ criteria)»

logo

Last Update

This profile was last updated on 5/18/2017 and contains contributions from the  Zoominfo Community.

is this you? Claim your profile.

Wrong Jeff Parsons?

Jeff Parsons

Chief Executive Officer

THR and Associates

HQ Phone:  (217) 787-7767

Email: j***@***.com

GET ZOOMINFO GROW

+ Get 10 Free Contacts a Month

Please agree to the terms and conditions.

I agree to the  Terms of Service and  Privacy Policy. I understand that I will receive a subscription to ZoomInfo Grow at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THANK YOU FOR DOWNLOADING!

computers
  • 1.Download
    ZoomInfo Grow
    v sign
  • 2.Run Installation
    Wizard
  • 3.Check your inbox to
    Sign in to ZoomInfo Grow

I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

THR and Associates

3200 Pleasant Run

Springfield, Illinois,62711

United States

Background Information

Employment History

Owner and Chief Executive Officer

J. Parsons


Director

International Gun Safety Council


Affiliations

Treasure Hunters Roadshow

Founder


NCCA LLC.

Founder


Web References(72 Total References)


Worth Its Weight: Company Buying Old Jewelry Accused Of Fraud | Barrie Gold Buyer

www.barriegoldbuyer.com [cached]

THR chief executive officer Jeffrey Parsons owes the IRS more than three million dollars, and according to court documents he's been using the company bank account as his personal piggy bank.
Reporter: "Do you think the bank unexpectedly closing your account has anything to do with Mr. Parsons using company funds for extravagant personal expenses?"


www.bankruptreport.com

Jeff Parsons bankruptcy sales raise $2 million from personal assets
Jeff Parsons, founder of THR & Associates, leaves the federal courthouse in Springfield Thursday, July 10, 2014. Rich Saal/The State Journal-Register Bankruptcy sales of Jeff Parsons' personal assets in the last two years raised approximately $2 million toward $20 million in claims allowed, according to a final trustee's report filed this week. Parsons and THR filed for personal and corporate bankruptcy in September 2012, though debt relief was denied in both cases based on trustee allegations of fraud. A summary of allowed claims showed Parsons owed $17.2 million to various units of government, including federal, state and local taxes, and $2.3 million to unsecured creditors. Parsons started his buy-sell-trade company in Springfield in 2010. The company failed in 2012 in the wake of thousands of claims of bad checks written to sellers as THR buying shows around the country. In addition to buy-sell stores and shows, THR opened J Parsons retail store in the Parkway Pointe shopping center in late 2011. The store closed within six months. According to court records, Parsons now lives near Houston, where he works for Premier Estate Sales Network.


www.sj-r.com

Parsons takes the Fifth in Texas tax investigation
THR & Associates founder Jeff Parsons is refusing to answer questions or provide financial records in an IRS investigation of his tax returns, claiming he could incriminate himself in a separate criminal probe. Parsons, who now lives in Texas, filed a motion Tuesday in U.S. District Court in Houston invoking his Fifth Amendment right against self-incrimination. He also asked that an IRS demand for tax records from 2010, 2011 and 2012 be dismissed. "I consulted with my attorneys in Springfield, and we've decided we've said enough," Parsons said by phone Wednesday. Parsons said he represented himself at the court hearing in Houston, adding that he could not afford an attorney in the Texas case. In his two-page motion, Parsons said providing verbal testimony and financial records sought by the IRS could incriminate him in what he believes is an "ongoing criminal investigation." "It's just been a run of bad luck," Parsons said. Parsons now works for Windsong Estate Services in Sugarland, Texas. The company specializes in estate and liquidation sales, cash purchases of assets and home purchases, according to the company website. Parsons said he makes about $800 a week. He moved to Texas after the collapse of THR & Associates amid widespread allegations of fraud, including in federal bankruptcy court. Parsons and THR were denied debt relief in the personal and corporate bankruptcy cases based on the fraud allegations. The IRS investigation in Texas seeks records for 2010 and 2011, and for three-month periods ending March 31 and Sept. 30, 2012. A bankruptcy judge in Springfield approved a $334,133 settlement in September of nearly $3.2 million in back taxes owned in a separate IRS case. THR & Associates, founded in 2010, had corporate offices, warehouses, appraisal operations and training facilities in Springfield. A federal judge in Springfield also referred to a criminal investigation of Parsons and THR in the separate case of approximately $12.3 million owned former THR employees in overtime and penalties. Parsons has been making $500-a-month payments toward the settlement. A judge reduced the original $5,155 monthly payment based on Parsons' current income. Parsons is scheduled to return to Springfield in July to show proof of continued payments.


www.bankruptreport.com

Jeff Parsons corporate bankruptcy case appears to be winding down
Jeff Parsons filed for bankruptcy in September 2012. File/The State Journal-Register A little more than three years after Jeff Parsons and THR & Associates filed for personal and corporate bankruptcy, the corporate bankruptcy appears to be winding down. A trustee's motion filed in U.S. Bankruptcy Court in Springfield last week to sell a 2010 Haulmark trailer that once belonged to THR & Associates included a notice of intent to close the case. Parsons' personal bankruptcy case remains open. THR and Parsons filed for bankruptcy in September 2012 after the buy-sell-trade company Parsons founded collapsed amid allegations of fraud and thousands of bounced checks written to sellers nationwide. Parsons founded THR & Associates in Springfield in the fall of 2010 with a promise of hundreds of local jobs and eventual sales of $1 billion annually. The business strategy included buying shows at hotels and convention centers nationwide. Coins, collectibles, antiques, jewelry and other valuables purchased at the shows were resold through THR. By early 2012, the company was the subject of hundreds of consumer complaints of bounced checks written at THR purchasing events. At the time of the bankruptcy filings in the fall of 2012, Parsons and THR claimed more than $100 million in debts. A judge denied debt relief in both THR's corporate and Parsons' personal bankruptcy cases after concluding Parsons had fraudulently attempted to hide assets and transfer cash. Parsons also faces court-ordered payments in the separate case of $12.3 million in overtime and penalties owed to approximately 150 former THR employees. Mills set an initial deadline of Nov. 16 for Parsons to report on payments or face possible jail time.


www.sj-r.com

Jeff Parsons' corporate bankruptcy case appears to be winding down
A little more than three years after Jeff Parsons and THR & Associates filed for personal and corporate bankruptcy, the corporate bankruptcy appears to be winding down. A trustee's motion filed in U.S. Bankruptcy Court in Springfield last week to sell a 2010 Haulmark trailer that once belonged to THR & Associates included a notice of intent to close the case. Parsons' personal bankruptcy case remains open. THR and Parsons filed for bankruptcy in September 2012 after the buy-sell-trade company Parsons founded collapsed amid allegations of fraud and thousands of bounced checks written to sellers nationwide. Parsons founded THR & Associates in Springfield in the fall of 2010 with a promise of hundreds of local jobs and eventual sales of $1 billion annually. The business strategy included buying shows at hotels and convention centers nationwide. Coins, collectibles, antiques, jewelry and other valuables purchased at the shows were resold through THR. By early 2012, the company was the subject of hundreds of consumer complaints of bounced checks written at THR purchasing events. At the time of the bankruptcy filings in the fall of 2012, Parsons and THR claimed more than $100 million in debts. A judge denied debt relief in both THR's corporate and Parsons' personal bankruptcy cases after concluding Parsons had fraudulently attempted to hide assets and transfer cash. Trustees in both cases have conducted dozens of auctions, selling off warehouses full of items purchased by THR and Parsons' personal collections and property. The auctions included the nearly $1 million sale of his former home and real estate in Athens. Another of the largest sales brought $385,000 from Parsons' collection and $850,000 for a lodge and hunting property Pike County. What's next? The personal bankruptcy case remains open, according to court filings, which could mean additional sales of assets. Parsons also faces court-ordered payments in the separate case of $12.3 million in overtime and penalties owed to approximately 150 former THR employees. Mills set an initial deadline of Nov. 16 for Parsons to report on payments or face possible jail time.


Similar Profiles

city

Browse ZoomInfo's Business
Contact Directory by City

city

Browse ZoomInfo's
Business People Directory

city

Browse ZoomInfo's
Advanced Company Directory