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The theft of catalytic converters is on the rise as the price of the precious metals inside continues to soar.
While car owners are often the target of this black-market demand, the surge in thefts is now being felt by area businesses.
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Approximately 20 catalytic converters were swiped from vehicles at the Riegling Bros. compound on Seventh Line in Raleigh Township some time early Tuesday morning, Chatham-Kent police said. The thefts – the first at the used truck and equipment dealer in about 10 years – caused about $50,000 in damage while the stolen items were valued at roughly $30,000.
Catalytic converters hot item for thieves; area businesses feeling the pain
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Catalytic converters hot item for thieves; area businesses feeling the pain
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