I’m not too surprised. The last show of theirs I heard about was a generic magical girl show, except it was sponsored by some car company so their broomsticks had tail lights and blinkers on the back.
The legacy of Evangelion is in Studio Khara ran by Hideaki Anno, and the legacy of Gainax has been in Studio Trigger since 2013 when Kill La Kill came out.
The embezzlement thing or tax evasion thing? The tax thing was because of one guy running with that money and is why the last two episodes of Eva are the way they are.