
The Quickshift
- The Norton Motorcycles pensions fund scandal defrauded over 200 UK pensioners in 2012 and 2013
- Under the leadership of businessman Stuart Garner, Norton entered administration (similar to US bankruptcy) in 2020, and Garner was ordered to pay over £14m to victims.
- Garner then declared bankruptcy, leaving the UK Fraud Compensation Fund to pick up the ball and see if the victims qualified
- In 2024, the UK Fraud Compensation Fund has now paid around £9.4m to the surviving victims and their families (some victims have passed away since the fraud occurred)