Why Steal Catalytic Converter Theft
Why Steal Catalytic Converter Theft. Precious metals, by nature, are difficult to get a hold of. It only takes about two minutes to take a catalytic converter.
Why do people steal catalytic converters? Car thieves prefer stealing more expensive cars as they are easier to flip and fetch them a good sum of money. In wichita, kansas, thieves stole more than 500 catalytic converters in 2020 as compared to fewer than 200 in 2019, according to kake abc.
What’s Inside A Catalytic Converter That Thieves Want?
Thieves can take off the catalytic converter with a single tug, as the catalytic converters are lined with rare and essential minerals. Meanwhile, because stealing a catalytic converter doesn’t require breaking into a car, it carries a fairly minor misdemeanor theft charge. 2 days agothe bill would increase fines for catalytic converter theft to $1,000 for the first offense, $2,000 for the second and $4,000 for the third or subsequent violation.
It Only Takes About Two Minutes To Take A Catalytic Converter.
Car thieves prefer stealing more expensive cars as they are easier to flip and fetch them a good sum of money. There is also platinum, rhodium, and more. But rising prices for some metals has led to a jump in them being.
Palladium, One Of The Metals Inside, Goes For Almost $2,500 An Ounce.
Why are they happening?theft of catalytic converters is not new in michigan as dozens of cases are open all across the state over the stolen car part. Why do people steal catalytic converters? The minerals fetch so much in the black market.
There Are A Number Of Reasons Why Thieves Might Target A Catalytic Converter Rather Than Other Automotive Parts.
Once they steal a catalytic converter, they can sell the converter to a salvage yard and make a chunk of cash. Why people steal catalytic converters. Catalytic converter theft has become popular because of their value, relative ease to steal (unbolt or cut out), and their lack of identifying markings.
It Only Takes A Few Minutes For A Thief To Steal A Catalytic Converter, So Multiple Catalytic Converters Can Be Stolen In A Relatively Short Amount Of.
“it’s safer than dealing drugs by far,” glawe said. People desperate enough to steal to make easy cash typically don’t worry about the inconvenience they’re causing their victims. Casal says thieves are after one particular precious metal used to make catalytic converters.
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