Last year, thieves stole 27,609 catalytic converters in the US, with over half in California, down from 64,700 in 2022, but a fourfold increase from 2020.
Catalytic converters contain valuable metals like platinum, palladium, and rhodium, each worth thousands per ounce, making them prime targets for theft.
The catalytic converter is considered a great environmental invention, as it cleans exhaust gases to reduce harmful substances, but its metal content is what attracts criminals.
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