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Dept of Justice Announces Takedown of Catalytic Converter Theft Ring


Fergasun

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Dept of Justice Announces Takedown of Catalytic Converter Theft Ring

 

So this happened in November.  But I stumbled across this when I was just musing aloud like, "wonder if anyone goes after catalytic converter theives".  A quick Google Search later and lo and behold!

 

Retail value of the catalyic converters was about $100M and it appears the company that was buying them sold the precious metals for $545M!  (I assume they were buying from more than the two groups involved...)

 

Anyway, more of this please DoJ (and state attorney's).

 

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  • 7 months later...

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