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Old 11-03-2022, 10:16 PM   #1
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Major catalytic converter theft ring busted

A nationwide catalytic converter theft ring investigation ended with several arrests and raids by the FBI – including in New Jersey.
The raids started around 10 a.m. Wednesday. Three locations have been raided so far in the Garden State, including Holmdel, Freehold and Wrightstown.

FBI agents were seen earlier in the day removing pallets and boxes from a scrap yard in Wrightstown.
The Department of Justice announced the takedown of a nationwide catalytic converter theft ring. Seven defendants from New Jersey are said to have been running the scrap yard Wrightstown and several others in the state. The operation involved federal, state, and local law enforcement across the country.
According to officials, Blacey's U-Pick Auto Parts or D& G Auto Parts LLC in Burlington County, is where stolen converters were shipped for processing. They extracted the precious metals found inside the converters and sold them to a metal refinery for millions of dollars.
Neighbors say they had no idea a crime ring was being run out of the business, but say they noticed a change in activity once new owners took over in August.
“It's definitely been a lot louder. They're dropping a lot of stuff, sounds like a lot of construction. They're working longer hours…early in the morning, late at night we hear things,” said one neighbor.
Some residents say that they have even made complaints to the police due to the noise.
Authorities say the theft ring also has ties to California and Oklahoma. There have been federal grand jury indictments of 40 counts each with several defendants charged in both states.
Officials said that in 2020, thefts of catalytic converters increased 325% in just one year. They say that this is because the black-market price for a catalytic converter can be over $1,000 each. They are hard to trace and are fairly easy to steal. The precious metals inside the converters are extremely valuable.
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Old 11-04-2022, 08:11 AM   #2
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I'm in Oklahoma now and saw on the news Wednesday evening about members of the the theft ring being arrested. I'm sure there are more where they came from. It's a very profitable business to say the least.
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Old 05-23-2023, 12:24 PM   #3
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I know the above story is 6 months old, but here's another cat theft ring that got busted...

https://police.billericaps.com/index...ewelry-stores/

Mike
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Old 05-23-2023, 02:08 PM   #4
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This one from this month is my favorite story: https://www.huffpost.com/entry/catal...3b9bc757b8?7ii

That same month, Navin traded in his 2020 McLaren plus $260,000 for a new model, priced at $550,000. The new car’s vanity license plate read “GD3 EA6,” the parts code for catalytic converters from Toyota Priuses manufactured between 2004 and 2009.

Haha, you gotta love a criminal hiding in plain sight!

Ray
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Old 05-23-2023, 02:32 PM   #5
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It’s best I don’t comment much on this. Thank you FBI for doing your job.
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