The scam that Norton turned out to be

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rollingthunderx2
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The scam that Norton turned out to be

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Kev L
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Re: The scam that Norton turned out to be

Post by Kev L »

Amazing amount of money he appropriated from a variety of unsuspecting sources. The pension scam is incredible. :eek2
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Wicky
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Re: The scam that Norton turned out to be

Post by Wicky »

A year ago, Stephen Barclay, the outgoing Brexit Secretary, said Norton was an example of a "great business" that would thrive when Britain leaves the EU.

Norton collapse: Administrator’s report shines light on the numbers
£4m awarded to Norton by the Government in July 2015 wasn’t all used in direct connection with the motorcycles.

Norton also owns six Aston Martins, three Range Rovers and an F Type Jaguar, the vehicles’ group value totals nearly £800,000.
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tony.mon
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Re: The scam that Norton turned out to be

Post by tony.mon »

I wouldn't be surprised to find that their local tax office manager has one of the bikes at home, though!
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nigelrb
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Re: The scam that Norton turned out to be

Post by nigelrb »

Shocking story in this week's MCN of an owner of a fully paid V4 had his bike back for a warranty job and when picking it up found it had been stripped of all but the frame and wheels. Bloody disgusting company conduct.

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Commando77
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Re: The scam that Norton turned out to be

Post by Commando77 »

Unfortunately this kind of thing has been going on for years and until rules and laws change line CEOs like Mr G will continue to pad their nests. No mention of the S.African safari lodge/hotel. That's probably out of BDO's reach🙄. Who needs 6 Astons! He'll lie low for a bit when all this is sorted and pop up with some new "project" although he could be barred from a directorship or running a company for 15 years I think? It's all a real shame because he seemed to truly believe in the brand and in spite of the tech and delivery issues he did achieve quite a bit. A pity he couldn't keep his hand out of the till!

tony.mon
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Re: The scam that Norton turned out to be

Post by tony.mon »

Just imagine how many Astons John Bloor has by now.....
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Dickiebig
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Re: The scam that Norton turned out to be

Post by Dickiebig »

But then he has alot more house and therefore garages, than the rest of us!!!

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Commando77
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Re: The scam that Norton turned out to be

Post by Commando77 »

If you've got time check out part 1 of the Superbike interview with the ex Spondon partner. If any of it is true and I guess it is, not just sour grapes, then it's almost unbelievable🙄.
https://www.superbike.co.uk/article/nor ... -the-start

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Kev L
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Re: The scam that Norton turned out to be

Post by Kev L »

Read that this morning. Absolutely shocking. Started the betrayal from the word go, even before buying Norton.
Carpe diem, quam minimum credula postero
F3, 954 USD front, K Tech springs, Braced swinger, Penske shock, Six spoke Mockesini wheels, Harris rearsets, QaT, Flywheel diet!, A&L stacks, stick coils, K&N, FP Ti jets, lashings of Ti & CF

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alanfjones1411
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Re: The scam that Norton turned out to be

Post by alanfjones1411 »

Kev L wrote:
Tue Feb 18, 2020 11:33 pm
Read that this morning. Absolutely shocking. Started the betrayal from the word go, even before buying Norton.
Looks that way Kev
SO WHEN DOES THIS OLD ENOUGH TO KNOW BETTER KICK IN

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AMCQ46
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Re: The scam that Norton turned out to be

Post by AMCQ46 »

with every new article I read, even assuming 50% of it is "sour Grapes", Stuart Granger coming out as a lying, thieving, manipulative, self serving bullshitter :( (allegedly in case there is a lawyer reading 8O )

he has killed 2 great motorcycle names [Spondon & Norton] and more importantly, has a left a few hundred people without a pension ... he has to be brought to account for the latter at the very minimum
AMcQ

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Kev L
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Re: The scam that Norton turned out to be

Post by Kev L »

I think this deserves our support -

https://www.change.org/p/government-fra ... 7bc32f44ee
Carpe diem, quam minimum credula postero
F3, 954 USD front, K Tech springs, Braced swinger, Penske shock, Six spoke Mockesini wheels, Harris rearsets, QaT, Flywheel diet!, A&L stacks, stick coils, K&N, FP Ti jets, lashings of Ti & CF

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Pete.L
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Re: The scam that Norton turned out to be

Post by Pete.L »

Done :thumbup:
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alanfjones1411
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Re: The scam that Norton turned out to be

Post by alanfjones1411 »

Done :thumbup:
SO WHEN DOES THIS OLD ENOUGH TO KNOW BETTER KICK IN

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