The rising prices of precious metals have led to increased theft, with thieves targetting everything from catalytic converters to scrap metal, looking to monetize their haul.
Thieves sell stolen metals mainly to scrap yards that often do not check IDs, allowing criminals to circumvent laws designed to hinder such transactions.
The lack of stringent ID checks at recycling centers facilitates the quick disposal of stolen materials, making these sites prime targets for organized metal theft.
Increased theft rates correlate strongly with the surging metal prices, which encourages criminals to steal high-value metals rather than less valuable alternatives.
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