Nortons current state

Nortons current state

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gareth_r

5,747 posts

238 months

Wednesday 4th March 2020
quotequote all
Superbike: Norton – Was it a fraud from the start? Part Two >>>> https://www.superbike.co.uk/article/norton-was-it-...

EDIT: Somehow, I missed NS400R's post above.

Edited by gareth_r on Wednesday 4th March 18:45

gregs656

10,912 posts

182 months

Wednesday 4th March 2020
quotequote all
NS400R said:
Installment number 2. And another director negligent in the conduct of his office. More forged signatures and nothing done despite admitting talking with Tiller rolleyes It is becoming ever more evident that it wasn't just Garner....

https://www.superbike.co.uk/article/norton-was-it-...
Will read it now, do we know the time line for releasing these? Every couple of weeks or?

NS400R

463 posts

160 months

Wednesday 4th March 2020
quotequote all
gregs656 said:
Will read it now, do we know the time line for releasing these? Every couple of weeks or?
No idea. Whilst they're interestng articles, I do wish John Hogan would be a little more robust. Both of the people he has released interviews on thus far are clearly complicit, yet play the victim card and he let's them get away with it. Hopefully if Garner gets his day in court, they're dragged through too. By having failed to act they may well find themselves liable as they have clearly failed to act appropriately as directors. We can but hope.

gareth_r

5,747 posts

238 months

Wednesday 4th March 2020
quotequote all
I'm confused.

Two people have now claimed that their signatures were forged, but neither of them reported this to the police.

Why on earth not?

https://www.actionfraud.police.uk/reporting-fraud-...

gregs656

10,912 posts

182 months

Wednesday 4th March 2020
quotequote all
NS400R said:
No idea. Whilst they're interestng articles, I do wish John Hogan would be a little more robust. Both of the people he has released interviews on thus far are clearly complicit, yet play the victim card and he let's them get away with it. Hopefully if Garner gets his day in court, they're dragged through too. By having failed to act they may well find themselves liable as they have clearly failed to act appropriately as directors. We can but hope.
Yeah.

It's the same with the BikerGlory articles from way back, the original article is pretty cutting but the follow up interview with SG is proper soft touch.

The interviews are interesting but usually this kind of investigative journalism ties things together and does more of a deep dive. The forged signatures for example, that is an element that has come up twice in two interviews and you would think if this story was a bit more polished we would have something more substantive.

Fire99

9,844 posts

230 months

Wednesday 4th March 2020
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I think the trouble you're going to find now is that there will be a percentage of truth reported but also a whole bucket of "he said, she said" side info too, generating all kinds of theories.. In this day and age, it's very hard to find the complete truth within the barrage of social media so-called 'expert' reports.

graeme4130

3,830 posts

182 months

Wednesday 4th March 2020
quotequote all
bloomen said:
snagzie said:
Interesting to read about why he didn't chase the forged signature.

Surely it would be apt to raise this via his solicitor to contact the bank? I'm not really buying the fact it might cause conflict with SG and the fact it would harm Norton by chasing that forged signature dropping the charge......
Another weirdo.

He put in what seems to be a very large proportion of his net worth into someone who seems to have been a knob from minute one and he was happy enough with a quarterly update that told him nothing? I'd be all over him every minute of the day.
It's worth considering that this interview appears to have happened before the company went into administration, so it's possible that he was still hanging on to any hope that he might get his money back
If, since the admin, he hasn't pursued the forged signature, then you can only assume he was complicit with the scandal

2ndclasscitizen

311 posts

118 months

Thursday 5th March 2020
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graeme4130 said:
bloomen said:
snagzie said:
Interesting to read about why he didn't chase the forged signature.

Surely it would be apt to raise this via his solicitor to contact the bank? I'm not really buying the fact it might cause conflict with SG and the fact it would harm Norton by chasing that forged signature dropping the charge......
Another weirdo.

He put in what seems to be a very large proportion of his net worth into someone who seems to have been a knob from minute one and he was happy enough with a quarterly update that told him nothing? I'd be all over him every minute of the day.
It's worth considering that this interview appears to have happened before the company went into administration, so it's possible that he was still hanging on to any hope that he might get his money back
If, since the admin, he hasn't pursued the forged signature, then you can only assume he was complicit with the scandal
He seemed to be very careful with what he saying around the forged signature (every time it came up it was "This is alleged and without prejudice"), wonder if he's already been talking to a lawyer/taking on the bank but wants to keep it on the down low in case Garner fires up the company shredder?

Tardigrade

132 posts

61 months

Thursday 5th March 2020
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gareth_r said:
Two people have now claimed that their signatures were forged, but neither of them reported this to the police. Why on earth not?

https://www.actionfraud.police.uk/reporting-fraud-...
ActionFraud is itself a fraudulent (and action-less) enterprise. Pretends to be law enforcement, but is in reality a call centre operated by a US contractor. It exists to prevent victims from making a real crime report to Police, with the expectation of some kind of investigation or justice resulting. The great majority of reports taken by ActionFraud are just filed for statistics, because neither the Police or finance industry want to prioritise this.

https://www.policeprofessional.com/news/review-of-...

Pothole

34,367 posts

283 months

Thursday 5th March 2020
quotequote all
Tardigrade said:
ActionFraud is itself a fraudulent (and action-less) enterprise. Pretends to be law enforcement, but is in reality a call centre operated by a US contractor. It exists to prevent victims from making a real crime report to Police, with the expectation of some kind of investigation or justice resulting. The great majority of reports taken by ActionFraud are just filed for statistics, because neither the Police or finance industry want to prioritise this.

https://www.policeprofessional.com/news/review-of-...
Interesting take. What's your agenda?

Jazzy Jag

3,432 posts

92 months

Thursday 5th March 2020
quotequote all
gareth_r said:
I'm confused.

Two people have now claimed that their signatures were forged, but neither of them reported this to the police.

Why on earth not?

https://www.actionfraud.police.uk/reporting-fraud-...
I guessing that had they reported it, and it turned out to be true it would have meant the end of Norton and they would have lost all their money.

Pretending/ hoping that it wasn't true and praying that everything would work out for the best , would give them a false hope of seeing their money again.

It's a difficult situation which is easy to judge with the benefit of hindsight.

yellowstreak

617 posts

153 months

Thursday 5th March 2020
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Like a gambler or a trader who keeps doubling up on a losing position I can see how that investor got sucked in and didn't want to address his losses.. the instinct would be to keep hoping for the best.

Fundoreen

4,180 posts

84 months

Friday 6th March 2020
quotequote all
More to garner than meets they eye. Seems very clever at spotting people he can dominate and exploite.
Must be a lot of people in the background advising him as his education and previous employment dont reflect the twisted financial dealings he has managed to set up.

gareth h

3,562 posts

231 months

Friday 6th March 2020
quotequote all
Fundoreen said:
More to garner than meets they eye. Seems very clever at spotting people he can dominate and exploite.
Must be a lot of people in the background advising him as his education and previous employment dont reflect the twisted financial dealings he has managed to set up.
Just devious!

carinaman

21,332 posts

173 months

Friday 6th March 2020
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I thought that may be of interest:

https://www.youtube.com/watch?v=z0GWytd1Qr0

I've not been following this debacle, it reminds me of those chaps who bought Rover from BMW and seemed to think spending lots of money going to Le Mans was good for the brand and survival of the company.

It seems Garner likes a nice motor or two.

I'm more interested if Theresa May MP, former Prime Minister and Home Secretary, went to China with Garner helping peddle his Norton scam abroad.

It wouldn't be good for her, ahem reputation, if Leicestershire police started investigating what's happened with Garner and this Norton scam? That would not be good be like Cambridgeshire police investigating someone being abducted taken by helicopter to France and then flown to the Middle East would not have been good?

Edited by carinaman on Friday 6th March 15:35

boyse7en

6,741 posts

166 months

Wednesday 11th March 2020
quotequote all
MPs are putting the Pension Regulator under pressure over the Norton debacle.
https://www.bbc.co.uk/news/uk-england-leicestershi...


NS400R

463 posts

160 months

s1dew1nd3r

311 posts

52 months

Thursday 12th March 2020
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NS400R said:
Seen this earlier, that crook is obviously upto no good - you watch, he will attempt to buy the norton brand off the sinking ship and carry on like nothing happened. I wouldnt be surprised if the R&D wasnt owned by the sinking Norton but by Garner himself!

carinaman

21,332 posts

173 months

NS400R

463 posts

160 months

Friday 20th March 2020
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carinaman said:
What a load of ste. 4 minutes is and it us some Yorkshire TW@ droning on about coronavirus... WTF?