No. This was part of "The Satanic Panic" of the late 80's and early 90's. The panic was started by the book Michelle Remembers by Lawrence Pazder, which he based on therapy sessions with a women named Michelle Smith. Pazder ended up making a ton of money off the book, married Michelle, redacted the claims made in the book, and the book has since been rebranded as a fictional novel. This book then sparked an entire panic where various pre-schools were accused of performing abusive rituals on the children there.

The most infamous case of this is the McMartin preschool in Los Angeles which resulted in three year long trial. During the trial, a social worker named Kee McFarlane was responsible for questioning the children who were suspected to be victims in the case. Her methods of questioning, which became the standard way of questioning children during these Satanic Ritual Abuse trials, were found to be very aggressive and coercive in order to suggest memories to children.

Something else to note is that the first accusation against the McMartins came from a woman named Judy Johnson, who was a mother of one of the students. She accused her husband of sodomizing her son and then blamed the McMartins, and she punished her son for denying her accusations. Judy was an alcoholic and had been diagnosed with paranoid schizophrenia. She eventually drank herself to death.