Massive Catalytic Converter Theft Ring Busted in Massachusetts and New Hampshire

Seven men have been charged in an organized theft ring that stole nearly 500 catalytic converters from vehicles in Massachusetts and New Hampshire. The group targeted over 450 vehicles from 2022-2023, stealing over 470 catalytic converters, which are very valuable on the black market because they're made using rare metals, including palladium, which is more expensive than gold. The thieves worked "like a NASCAR pit crew" and sometimes hit 10 vehicles in a night, making as many as 26 catalytic converter thefts in one night. The repairs to the damaged vehicles likely cost a total of around $2 million.