Environ 12 ans plus tard, plus de 200 personnes qui ont investi dans trois régimes de retraite de Norton seront enfin indemnisées pour les dommages causés. Le montant total s’élève à 9,8 millions de livres sterling (environ 11,6 millions d’euros).
According to MotorcycleNews, it is estimated that 227 investors invested a total of £11 million (€12.9 million) in the Dominator 2012, Commando 2012, and Donington MC pension programs.
Investors provided the money in exchange for preferred shares in the business – issued by Notorn Motorcycle Holdings Ltd, where then Norton owner Stuart Garner was director and majority shareholder.
In 2020, the company was placed under administration and in 2022 Garner was sentenced to eight months in prison, suspended for two years, for irregularities in these pension investments.
Now, the victims have finally received their compensation of £9.8 million. Sara Protheroe, Customer Director at the Fraud Compensation Fund, said: ‘We are very pleased that the hard-earned pension savings of scheme members have been properly restored‘.