This is a very common practice among the legal elite. Many have built their fortunes using this system, that oddly, was set up by lawyers and black robes in the first place.
Compared to the political elites these guys are rank amateurs. No one has found that $6 billion that came up missing awhile back have they. I'd expect it's in offshore accounts under the names and FEINs of some shell companies linked to the Obamas. Just a guess but I bet I'm right.