Whistleblower Alleges Vanguard Cheated On Taxes, Costing Taxpayers More Than $1 Billion
On May 1, 1975, Princeton graduate John C. Bogle launched an investment company on a bold new idea: it would be owned by its member funds and operated for the benefit of its shareholders. That company, the Vanguard Group, is now one of the world’s largest investment companies with about $3 trillion under management. Whistleblower…