Nationwide Catalytic Converter Theft Scheme: Californians Plead Guilty in $600 Million Scandal

TL;DR Summary
Three members of a California family, including two brothers and their mother, have pleaded guilty to conspiracy for their involvement in a nationwide ring that shipped $600 million worth of stolen catalytic converters from California to New Jersey. The stolen auto anti-smog devices were provided to a metal refinery, and the family members received over $38 million in return. Catalytic converters are easily stolen and contain valuable precious metals, with California accounting for 37% of catalytic converter theft claims nationwide.
Topics:nation#california#catalytic-converter-theft#conspiracy#crime#money-laundering#precious-metals
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