People should be presumed innocent unless proven guilty, not the other way around. The modern western society would have us think otherwise (and not only for child molesting, see CCTV, airport screenings, ...).
We have prosecutors convinced they have discovered a hidden evil and that it is more widespread than people like to think. They sometimes have children as witnesses. They have false confessions from the accused. And we have bodily investigations of "secrete places" either to confirm that sexual abuse has taken place or the devil "knew" was familiar with the accused. And we have bizarre stories of strange practices, which are credulously believed.
It is like there is some universal process going on here. Communities require these expressions of hidden evils. And if you doubt the veracity of these claims then you are suspect too.
I don't think this paranoia is a new phenomenon to human society. What changes is the topic, but not the underlying need we have in human society for these expressions.
Examples of Witch Trials.
Apart from the fact that dolls of adults with penises are rather unusual and likely to produce an odd reaction - the same logic suggests my nieces are being abused by the lion from Lion king.
One week the lesson was on inappropriate touching. I know this because both kids spent the next month inappropriately touching everybody they met -- with some very humorous results.
Of all the things that have changed in the last 40 years or so, this thing we've done where we've trained everybody to be afraid of each other is probably the worst. Every day parents are bombarded by statistically highly-unlikely events that they take to be commonplace. It's made an awful impact on the fabric of society. Very sad.