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September 2, 2014, 9:12 pm
970 WMAY News

Parsons Accused of Hiding Millions in Assets


A complaint filed in federal bankruptcy court accuses the former head of THR and Associates of attempting to conceal millions of dollars in income and assets.

 

The State Journal-Register reports the allegation against Jeff Parsons is contained in a complaint filed by a bankruptcy trustee.

 

It alleges that Parsons did not report more than $8 million in income in his bankruptcy filing, and that he moved other assets, from diamonds to motorcycles, to storage areas or to a business operated by his son.

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