Collins, his son and his fiancee’s father were indicted. I hope all three serve time.
That said, these sort of machinations and subterfuge are just another way that the well-connected elite rig the financial-investment, and also the money and banking system. (May the Lord bless shell companies, offshore banking, and tax havens.)
It is so duplicitous that the federal government actively goes after the ordinary citizens, but most of the elite routinely engage in financial scams with seemingly utter impunity. For example, consider the Panama Papers.
Moreover, the U.S. government might be the only country which requires its expatriates to pay income tax on work performed overseas. Whereas its multi-national corporations utilize accounting gimmicks to hide taxable income offshore, until its convenient to repatriate such assets. (Nice!) Also, the IRS and the Department of State now actively revoke or deny passports for citizens who are in tax arrears of at least $50k.