Article: The Vanguard Group Inc. shareholders and investors have been scammed. Read how Mortimer Buckley runs the biggest tax fraud of our time

Article - Media, Publications

The Vanguard Group Inc. shareholders and investors have been scammed. Read how Mortimer Buckley runs the biggest tax fraud of our time

Skeptic Tank, 01 November 2020

The information we used in our analysis has been available on the internet, however, none of this has been shown to the Vanguard shareholders. Why? Because Mr. Buckley can’t show the truth about his firm to the world, otherwise they will realize how big of a fraud it actually is. Continue reading “Article: The Vanguard Group Inc. shareholders and investors have been scammed. Read how Mortimer Buckley runs the biggest tax fraud of our time”

Article: Uncertainty tax: Why Vanguard bigwigs expect economic growth to slow in 2020

Article - Media, Publications

Uncertainty tax: Why Vanguard bigwigs expect economic growth to slow in 2020

Erin Arvedlund, 11 July 2020

Vanguard’s top executives held a webcast Thursday evening addressing key factors that could affect the U.S. and global economies, trends to watch for in the financial markets, and what’s new for Vanguard clients in 2020.

“We’ve seen a significant rally last year, so for returns in bonds, we expect overall 2-2.5% over the next decade” annually, said chief investment officer Greg Davis on the one-hour program. For U.S. equities, Vanguard expects annual returns of slightly under 5% and international equities of 7.5% annually. Continue reading “Article: Uncertainty tax: Why Vanguard bigwigs expect economic growth to slow in 2020”

Article: A $2M Scam by a Former Vanguard Supervisor

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A $2M Scam by a Former Vanguard Supervisor

tomd37, 25 May 2019

A very interesting article in the June/July Issue (page 28) of Money Magazine. In part it reads “In March, a former Vanguard supervisor pleaded guilty to stealing more than $2 million from the accounts of deceased customers or those with inactive accounts before getting found out, according to the Philadelphia Inquirer.” More details are in the article as well as ways to help protect yourself. Continue reading “Article: A $2M Scam by a Former Vanguard Supervisor”

Article: Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts, feds say

Article - Media, Publications

Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts, feds say

Joseph N. DiStefano, and Erin Arvedlund, 16 March 2019

A former Vanguard Group supervisor stole more than $2 million by taking money from dead or inactive customers’ accounts before state treasurers could take custody of the unclaimed money, prosecutors say.

Scott Capps of Coatesville pleaded guilty to conspiracy to commit mail fraud, two counts of money laundering, and two years of false tax returns on Thursday before U.S. District Judge Michael M. Baylson. Federal prosecutors said Capps, who worked for 23 years for the Malvern-based investment giant, more than tripled his income for 2013 at customers’ expense, with help from his brother-in-law and other accomplices. Continue reading “Article: Vanguard supervisor and brother-in-law stole over $2M from dead customers and dormant accounts, feds say”

Article: Meet the new CEO of Vanguard

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Meet the new CEO of Vanguard

Becky Pritchard, 14 July 2017

Mortimer “Tim” Buckley, 48, was born in Boston, the child of a nurse and a surgeon. He studied economics at Boston’s Harvard University and in his final year of university considered following in his parents’ footsteps and pursuing a career in medicine. But fate stepped in and he met Jack Bogle, then chairman and founder of Vanguard. Continue reading “Article: Meet the new CEO of Vanguard”