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Perhaps it isn't an indictment on religion per se. But I can't help but think that a community that supposedly wants to follow the teachings of an ascetic, itinerant preacher from the first century Palestine ought to have felt a little suspicious of a man who drove a Rolls Royce around and took lavish vacations using the money they donated.

I agree with nemo0037.
You would think people could spot the difference..."One of these things is not like the other..." without too much help. But since all religions are based on make-believe and threats, I'm not at all suprised when these stories continue to happen...as they have been happening throught recorded history.
Of course these behaviors are an indictment on religion, as in organized religion. Spirituality may be another matter, since that is, by definition, personal.

Suppose two parents teach their child that stealing is wrong. If the child is caught stealing, does that prove that they were bad parents? No, it shows that the child freely chose to disregard their word and example. In the same way, pilfering pastors or whatever do not show that "organized religion" is corrupt, only that some people use religion for their own corrupt ends. Many faithful are so busy being as gentle as doves that they forget to be as wise as serpents. Caveat emptor.
Besides which, "organized religion" is so wide and varied a subjest that virtually nothing in it is universal except being religious in an organized way. Many organized religions do a lot of good as well; you can't make such a general, blanket condemnation which includes groups that feed the hungry, teach the ignorant, dig wells in Africa, treat the sick, run drug recovery programs, fund orphanages and hospitals, and so on. If you blame "organized religion" for the bad things some of its members do, justice demands that you praise it for the good things others (or maybe the same people) do.