"With California's higher emission standards, our community has become a hot bed for catalytic converter theft," U.S. Attorney Phillip A. Talbert for the Eastern District of California said in a release. "Last year approximately 1,600 catalytic converters were reportedly stolen in California each month, and California accounts for 37% of all catalytic converter theft claims nationwide." (Credit: velimir/Adobe Stock)
A nationwide ring of thieves, dealers and processors of stolen catalytic converts was taken down in coordinated operations that took place across nine states. According to the Department of Justice, 21 people were arrested or charged in connection to two separate indictments that were unsealed in the Eastern District of California and the Northern District of Oklahoma earlier this month.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
