Why hiring GNK as an employee is never a good idea.

In 2010, GNK was reportedly hired on a Contract basis to act as an agents representative and production manager in the manufacture, sale, and distribution of ship anchors.

Alongside this work, GNK was also in the process of setting up NZ Sleepouts under the company name of Juicy Consultants, and building these units in Helensville.

GNK convinced his boss to invest $28,000 in NZ Sleepouts at the time – the bait? A fabricated story about GNK being approached by Housing New Zealand for the building of 100 Sleepouts – HNZ made no such approach to GNK.

What GNK did next was both appalling, and totally in line with his twisted Sociopathic personality type.

Part of GNK’s role as an agents representative was to travel to China (where the anchors were made), and ensure that strict quality control measures were being met for the company back home, who sold the anchors.

While on a trip to China, and without the knowledge of the company he was working for back in New Zealand, GNK authorised the Chinese manufacturer to use a lower grade steel with which to make the anchors (and most likely with associated kickbacks to GNK in terms of splitting the cost-saving difference with the Chinese manufacturer – a very common practice in China). GNK also actively encouraged the Chinese manufacturer to raise their prices for the company that GNK was representing, and then to leverage a buyout of the same company, whereby GNK would be the main proprietor – yes, you read that correctly – GNK actively sabotaged the manufacturing process of the product of the company that was paying GNK to represent them, for the purpose of securing the company for himself, all while tapping his boss back home for a $28,000 investment in GNK’s own company, NZ Sleepouts.

It gets worse.

While working for this company, GNK racked up $14,000 on the company credit card for the purchase of equine goods and materials for his girlfriend, Hayley Morgan, to buy for her horse training business. When confronted by his bosses about this illegitimate company expenditure – GNK racked up even more illegitimate expenses on the company credit card, before being summarily dismissed for gross misconduct and fraudulent behaviour.

Never one to take his consequences like a man, GNK then embarked on a “cyber war” against his former employee, and was able to “sell” the story to some in the marine industry that GNK had resigned form his company, once he had discovered that lower grade steel was being used in the production of the anchors – an absolute fabrication. So stay with me here – the very commercial sabotage that GNK had independently set up, which resulted in GNK being fired, was the very event that GNK was able to convince some people was the reason for what he sold as his honourable departure from the company.

And the result of this commercial sabotage by GNK? Oh, around $950,000 in lost value to the company (GNK was very active in publishing the “low-grade steel” story on internet forums, and an international buyer of the company leveraged hard on this information to drive the company purchase price down, even though only one batch of anchors was affected before GNK was found out and fired), plus the $28,000 lost investment in NZ Sleepouts, plus the $14,000 lost credit card debt, plus the $3000 lost on the company car that the company boss had generously provided to GNK, let’s see that’s……..$995,000.

The company had to be liquidated, and the company boss may now have to sell his house to pay back the various debts incurred by GNK.

And what about GNK’s accountability for all of this? The CIB investigated the matter, and decided not to prosecute, as they did not feel confident getting a  criminal conviction against GNK, and were afraid that GNK would counter-sue the Crown if they lost the case: yes, again, you read the right: GNK walked away from the whole event unscathed.

Tell me again why as citizens of New Zealand, we are supposed to have any confidence in our justice system?

This takes the “GNK Tally” to 59 people (and counting), and $1,990,000 (and counting).

1 thought on “Why hiring GNK as an employee is never a good idea.

  1. Pingback: Another fraud victim of Grant Norman King comes forward, this time for $48,000.00 | Grant Norman King

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