The bits and pieces of evidence that escape under the edges of the black drapes from time to time are more than enough to make me think it's true.
There's a pretty good documentary on YT about it: An Open Secret. It describes one particular group of pedophiles in Hollywood.
I happened to be in a situation in which I was able to talk to a very wealthy man about some of his (much wealthier) acquaintances. He described one in particular, whom (he said) basically did whatever he wanted in life and didn't pay the slightest attention to legalities. I hasten to say, the activities in question had nothing whatever to do with pedophilia, but I think the attitude and mindset was clear.
When I asked this fellow the question "wasn't he worried about coming to the attention of the U.S. Attorney," he said "look, he has a staff of 50 lawyers working for him full time, with many more available on a contract basis. If he gets a subpoena, or even an indictment, he hands it to the boss of his legal department and says 'take care of this,' and that's that."
As rich as this second fellow is (I know a bit about him), there are people in America and elsewhere that are far richer. This is how they think, how they look at the world.
Everything all the Time!