Norton Motorcycles crashes into administration
Malcolm Offline
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RE: Norton Motorcycles crashes into administration
Guardian and ITV Report on the Shenanigans behind Norton


Investigation reveals how pension holders, customers and staff lost out - HERE


• Dozens of pension holders are now accusing Garner of ignoring repeated requests to return their pension pots – years after the lock-in periods that prevented them from accessing their money have passed.

• Millions of pounds in government-backed loans and ministerial endorsements were given to Norton, which enhanced the credibility of the firm and its owner.

• Lengthy delays in promised deliveries of Norton motorcycles – which can cost as much as £44,000 each – despite customers saying they had paid deposits and sometimes even the full purchase price.

• A £1m loan received by the motorcycle firm in 2008, that came directly from the proceeds of a tax fraud, for which two longstanding Norton associates were convicted in 2013.


31-01-2020, 04:29 PM
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RE: Norton Motorcycles crashes into administration - by Malcolm - 31-01-2020, 04:29 PM



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