Tag: catalytic converters

A theft ring that allegedly made millions from catalytic converters has been busted

WASHINGTON — The Justice Department has arrested 21 people suspected of belonging to a theft ring that made millions of dollars from stolen catalytic converters, the car parts that have increasingly become targets across the country. A team of law enforcement agencies at the local, state and federal levels seized hundreds of millions of dollars

Vehicle Catalytic Converter Thefts Increase In CU

URBANA – Auto shop owners and law enforcement in Champaign-Urbana are seeing an increase in vehicle catalytic converter thefts. Catalytic converters make toxic exhaust fumes less harmful for the environment and are located on the underside of vehicles. They also contain precious metals like rhodium, platinum and palladium that can sell for upwards of $19,000