11 charged in multi-million dollar catalytic converter theft ring in Bucks and Montgomery counties.

TDI Towing in Philadelphia has been charged, along with 11 people, in a multi-million dollar catalytic converter theft ring. The company allegedly bought $8.2 million worth of catalytic converters over three years. The investigation involved 27 law enforcement agencies and resulted in charges against the entire corporation, including the kingpin, Michael Williams, and six employees. The company bought an average of 175 converters per week at about $300 each and was reselling the precious metals. The investigation is ongoing, and more victims are encouraged to come forward.