DiscoverLegislative Deep Dive by State Net Capitol JournalStates Turn to Anti-Meth Strategies to Battle Converter Theft
States Turn to Anti-Meth Strategies to Battle Converter Theft

States Turn to Anti-Meth Strategies to Battle Converter Theft

Update: 2022-02-21
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Driven by the meteoric rise of precious metals prices, automotive catalytic converter theft has turned into a big business. Savvy thieves can make as much as $300 selling catalytic converters to scrap yards, which, in turn, sell them to recyclers who want the platinum, palladium and rhodium inside. Indeed, according to Kitco.com, a website that tracks the price of precious metals, Rhodium that was selling for $2,300 an ounce in January 2019 is now fetching as much as $17,650.00 an ounce.

In this week's Legislative Deep Dive podcast, State Net Capitol Journal correspondent Brian Joseph reports on now lawmakers are turning back the clock and employing strategies previously used to foil previous metal theft rings to do the same to converter thieves. 

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States Turn to Anti-Meth Strategies to Battle Converter Theft

States Turn to Anti-Meth Strategies to Battle Converter Theft

Richard Ehisen