Traveling Gold Buyers road show Done

[jeff of pa]

bank accounts have been frozen by the Internal Revenue Service


Not so long ago, Jeffrey Parsons was on top of the world.
Help wanted billboards erected in Springfield promised six-figure salaries to folks who went to work for THR & Associates, a company formed in 2008 that almost overnight became a multimillion-dollar firm. With Parsons as its president, CEO and sole shareholder, THR set up buying events in hotels throughout the nation, luring customers through newspaper ads, then convincing them to sell coins, jewelry, watches, antiques and anything else of value, especially if it contained gold or silver.
The goal was to buy low, sell high, and THR did a lot of it. In 2010, the company had revenue of $125 million and Parsons reaped nearly $9 million in profits. Revenue last year was $211 million, with a net profit of almost $11 million, according to testimony in the pending divorce case of Parsons vs. Parsons, which has laid bare the inner workings of THR and the largesse of Jeffrey Parsons, who had finally hit it big. But not for long.

THR is headed for bankruptcy, and its bank accounts have been frozen by the Internal Revenue Service, according to recent testimony in the divorce case. The Illinois attorney general’s office has launched an investigation, and a federal criminal probe could be in the offing.

The Roadshow is over



Jennifer Parsons last week testified that she spends $2,500 a month on swimming pool and lawn maintenance, $1,250 a month on clothes and $2,000 a month on food for herself and a daughter.

I guess People will learn one day, You want to make it big,
Make sure nobody is entitled to half of what your worth
because they'll take the half that's worth something

 

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[New Orleans Relic]

Jeff Parsons huh? I thought the Pa of Jeff, was Pennsylvania. Very slick Jeffery. Jenifer and daughter put away 2 grand a month on groceries? Wow. Sounds like another 5 g's/month for "Luke the Trainer". There's always a Luke lurking. Muucho calories to burn! What state (or country-LOL) you lookin at now? Jeff of An?..... ANGOLA.
Ray

 

[jeff of pa]

not me

I learned by watching others.

Only one way to get ahead.
Alone

how much food must they actually be hogging down at $65 bucks a day ?
I think they have to start eating at Mickey-D's

 

[Moonrover]

That is an incredible story! It could easily be made into the script for a movie. I read the entire newspaper article. That joker is top dog among con artists. Likely he has "purchased" his share of politicians and bureaucrats along the path to riches.

During my entire working life, I had to endure "type A" people like J. Parsons. However in the oil/gas exploration game, those jerks were bilking huge hedge funds, which of course bilked investors. It's a jungle out there!

Merlin

Sent from my iPad using TreasureNet app

 

[jeff of pa]

[h=1]Treasure company has a history of complaints about bad checks[/h]
July 31, 2012 By Radio Iowa Contributor
The company that wrote thousands of bad checks to buy gold and other valuables at antique shows on the Iowa border and nationwide has had an “F” rating for years with the Better Business Bureau. Treasure Hunters Roadshow held a four-day event in Nebraska City, Nebraska, earlier this month, drawing flocks of people from both sides of the Missouri River who sold heirlooms, and got rubber checks in return.
Jim Hegarty, president and C.E.O. of the region’s Better Business Bureau, says this Roadshow company is bad news. “Unfortunately, they’ve been all over the United States and we’ve received complaints from everywhere about this company,” Hegerty says.
In three years, the bureau has recorded more than 200 complaints about the company, all focusing on insufficient funds. Hegarty says the Roadshow had been cooperating with the bureau, until recently.
“There was a while where the company was actually responding to BBB disputes by claiming that replacement checks were being issued,” he says, “but as of last week, the company has ceased responding to these complaints, which is not good news.” The Treasure Hunters Roadshow, owned by THR and Associates of Springfield, Illinois, was in Nebraska City from July 3rd through the 7th, buying jewelry and coins and writing checks to customers.
Reports show the company cut 94 checks totaling more than $37,000 at the event south of Omaha. Many of the checks bounced. Amounts ranged from just a few bucks to $19,000. If you’re going to take part in this sort of on-the-spot sales event, he says you’d be wise to do a little research first.

Treasure company has a history of complaints about bad checks