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Used catalytic converters can sell for anywhere from $25 to $1,000, depending on the metals content, which varies by a vehicles make and model, according to Scott Vollero and Christopher Gaines ...
SPRINGFIELD, Ill. (WMBD) — Some new laws going into effect on Jan. 1 will make it harder for thieves who steal catalytic converters and assist crime victims whose cars are stolen. The new laws ...
Catalytic converter thefts are on the decline, new 2023 data shows. ... Reporting from NBC’s Dallas-Fort Worth affiliate attributes this to thieves skirting laws by stealing in Texas, ...
According to an indictment from July 2022, Tanner Hellbusch, who bought and resold cars and their components, began stealing catalytic converters sometime prior to February 2021. He was identified as a major local source of stolen catalytic converters, either stealing them himself or buying them from thieves and selling them on.
More than 50,000 catalytic converters were stolen off parked vehicles in the U.S. last year, a massive increase from 2020 (around 14,500) and 2019 (3400).
Thefts of catalytic converters, an anti-pollution part, have skyrocketed since 2019 because of the value of the precious metals inside them. Although catalytic converter thefts nationally are down ...
As for the Huffpost source, the source says From October 2019 to October 2022, Vang Auto sold $38 million worth of converters to DG Auto. Over that span, DG Auto received $545 million from Dowa Metals and Mining America. Those are two separate entities, with Vang Auto being a catalytic converter theft operation in California.
A New Jersey auto shop knowingly purchased stolen catalytic converters, extracted the precious metal powders and sold them to a metal refinery for over $545 million, federal prosecutors said.