Established trust systems are remarkably robust despite widespread fraud

Evidence

Despite its apparent fragility and our many attempts to do without it, it is clear that, in many societies where it is well established, trust is remarkably robust. Fraud is widespread in all the advanced economies, and is extremely costly to companies and individuals alike, but rarely does it lead to the conclusion that no one can be trusted. — Diego Gambetta, Trust - Making and Breaking Cooperative…, 722