Palladium, rhodium and platinum prices spiked during the pandemic, making the devices lucrative targets. As those prices have cooled, so have catalytic converter thefts.
A Hutchinson man is one of four individuals who are currently facing federal charges related to an alleged catalytic converter theft operation valued at $21 million dollars.
(The Center Square) – Four Minnesota men have been indicted for stealing and selling $21 million of stolen catalytic converters, said U.S. Attorney Andrew M. Luger.
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