i do agree that there is a lot said in the standards about conducting ones self with honesty and integrity. and it is in there for what should be obvious reasons.
the first line of the standards you quoted advises that ssi be notified if convicted of a felony etc. in this case, it sounds as if there has been no conviction. there may not have even been charges laid.
so as much as i understand and appreciate your concern, i think we also have to consider it from ssi's side. they cannot suspend an instructor or discontinue an affiliation with a shop just because there is a rumor that the staff and / or owners may have broken the law in some way. ssi would need to be very careful, if they were notified about such a rumor, not to over react too quickly. if they did, they could be liable if it turns out there was no truth to the allegations.
if an ssi professional is aware of a breach of standards they are obligated to report it. you as an ssi diver could also take it upon yourself to contact ssi if you feel that strongly about it.
i would assume however, that no action would be taken until there was a conviction, or at the very least, strong enough evidence that it was clear that the standards had been broken.
Yeah, I get the innocent until proven guilty argument, but I assumed you'd be held in suspension pending the outcome or something like that. Remove them from SSI's website or something like that. Most companies err on the side of being overly cautious when criminal charges are involved.