Trust-Based Networks Among the LDS

I've written about fraud among the Mormons before. Here's another angle, from a social networking thread on Slashdot:

Salt Lake City is the smallest city to have its own SEC office, and the state suffers from a high rate for people getting ripped off by people they know. This has been attributed by the close network of people within the LDS Church. Somebody who is intent on ripping someone off can join the church and instantly gain a large web of trust.