The Conner brothers had an DGI auto plant in New Jersey. They were getting catalytic converters from all over the country, and then they took them to a refiner there. The authorities would allege that they did that kind of as a cover but it's a great place to receive catalytic converter dust.
Catalytic converters are a vital part of emissions reduction in gas-powered vehicles. But that’s not why they’ve been making headlines. Thieves across the US have been sawing them off cars because they contain precious metals like platinum, palladium and rhodium. Bloomberg Businessweek contributor Evan Ratliff is here to tell the tale of a $500 million catalytic converter theft ring—and how local police departments and federal law enforcement brought it down.
Read more: How Cops Cracked a $500 Million Catalytic Converter Crime Ring
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