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View Full Version : NZ businessman siphoned NZD 300,000 from motorcycle dealership


Bob
15th March 2013, 00:44
Glenn George Bayly, 46, a former Tauranga businessman, has been convicted of siphoning nearly NZD 300,000 from the motorcycle dealership he co-owned.

Bailey pleaded guilty to 50 out of 117 charges against him relating to theft, false accounting and fake finance applications. He also submitted a guilty plea to a further 10 charges that were not part of this trial including altering banking access codes and altering the company’s computer accounting.

Sentencing is expected on April 2nd. Bayley is barred from leaving the country pending sentence.
nzspokes
15th March 2013, 07:08
See, bike shops are gold mines........
Crasherfromwayback
15th March 2013, 07:58
See, bike shops are gold mines........

You hang onto that dream.
Wingnut
15th March 2013, 08:44
The world is full of "honest" white collar theiving bastards.... Motorcycle industry is not immune to them also! Slap on the wrist to come for him?
ducatilover
15th March 2013, 09:25
You hang onto that dream.

How much can you get from WMC? I'll hook you up with a way to hide the money and stuff, just NO COFFEE!


Sent from an abyss of doom
Smifffy
15th March 2013, 10:19
The world is full of "honest" white collar theiving bastards.... Motorcycle industry is not immune to them also! Slap on the wrist to come for him?

Bus ticket is currently in the soak cycle.
paturoa
16th March 2013, 08:56
Which shop?
AllanB
16th March 2013, 12:08
I wonder what period of time the $300k was stolen over. Must have been a few years.
gammaguy
16th March 2013, 16:28
Which shop?

MotoGB


No longer trading,surprisingly
Crasherfromwayback
16th March 2013, 22:32
See, bike shops are gold mines........


MotoGB


No longer trading,surprisingly

Nah...they're fucking gold mines mate!
nzspokes
17th March 2013, 06:43
Nah...they're fucking gold mines mate!

Bet they didn't open sundays either.
Crasherfromwayback
17th March 2013, 08:34
Bet they didn't open sundays either.

Just imagine how much they'd make if they did!
NordieBoy
17th March 2013, 08:37
Don't need to open Sunday.
Just make sure you're open the day before any local race.
Zedder
17th March 2013, 08:41
This from the NZ Herald about the general manager of Auckland's Western Springs speedway stealing $350,000.

Despite being on a salary of $100,000 and having a company car he couldn't keep his hand out of the till:http://www.nzherald.co.nz/crime/news/article.cfm?c_id=30&objectid=10871588
nzspokes
17th March 2013, 08:48
Just imagine how much they'd make if they did!

Exactly. Cycletreads pump on a Sunday, always busy.
Geeen
17th March 2013, 10:56
MotoGB


No longer trading,surprisingly

They are still there, called MotoCity now. On Hewletts Road at The Mount
Smifffy
17th March 2013, 16:47
Bet they didn't open sundays either.

You are correct. Found that out the inconvenient way.
Crasherfromwayback
17th March 2013, 18:46
Don't need to open Sunday.
Just make sure you're open the day before any local race.

Yeah I'm just winding him up mate. Waste of time trying to do Sunday's in the smaller towns.


Exactly. Cycletreads pump on a Sunday, always busy.

Do you know that Auckland has around 1.5 million people?
nzspokes
17th March 2013, 19:16
Do you know that Auckland has around 1.5 million people?

Do you know our 2 wellington shops pump on Sundays?

Cycletreads managed to extract money from me today.
Crasherfromwayback
17th March 2013, 20:08
Do you know our 2 wellington shops pump on Sundays?

.

Are they motorcycle shops?
Berries
17th March 2013, 21:40
He's thinking of that 'ladies' shop up Cuba Street.