FJowners.com

General Category => General Discussion => Topic started by: PaulG on April 21, 2020, 11:03:49 AM

Title: What a Mess
Post by: PaulG on April 21, 2020, 11:03:49 AM
A textbook example of fiduciary malfeasance at the keast,  if not outright fraud.

Norton Motorcycles' Demise Chronicled By Administrator (https://advrider.com/norton-motorcycles-demise-chronicled-by-administrator/)

Title: Re: What a Mess
Post by: Millietant on April 21, 2020, 03:01:49 PM
Even worse is that it's been reported that Garner and his cronies duped people into allowing the employees pension fund to be "invested" directly back into Norton Motorcycles, making absolutely certain that their pensions would go up in smoke once Garner had either made his money personally, or got found out, and Norton went bust.

It would appear he's been a disgrace to the motorcycle industry and to business people in general. Many stories of customer bikes going back for servicing/repairs and having parts taken off them to enable machines to be completed and sold  :Facepalm: