

Team Favorite: You Never Think About Your Car’s Catalytic Converter—Until Thieves Saw It Off
Jan 4, 2024
Evan Ratliff, Bloomberg Businessweek contributor, shares the thrilling story of a $500 million catalytic converter theft ring and how law enforcement shut it down. Topics include the rise of catalytic converter thefts, the valuable metals they contain, the investigation into the global supply chain, the sourcing and locations of stolen converters, the detailed workings of the criminal operation, and challenges in tracing and preventing converter theft.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
The Theft and Trade of Catalytic Converters
01:33 • 11min
Sourcing Stolen Catalytic Converters and Cash Transactions
12:37 • 2min
The Investigation into Stolen Catalytic Converters
14:16 • 10min
Defendant's Pleas and Lawyers' Response
24:28 • 2min
The Journey of Stolen Catalytic Converter Dust
26:21 • 10min