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Catalytic converter thefts: California household netted $38m transporting stolen gadgets as a part of ‘community of thieves’ | US Information

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A mom and two sons have admitted to being a part of a hoop that shipped $600m (£492m) price of stolen catalytic converters from California to New Jersey, federal prosecutors have mentioned.

Brothers Tou Sue Vang, 32, and Andrew Vang, 28, together with their mom, Monica Moua, 58, have been a part of “a nationwide community of thieves, sellers, and processors” who offered the gadgets to a steel refinery, in accordance with an announcement from the US lawyer’s workplace.

The three relations from Sacramento, California, pleaded responsible on Monday to conspiring to move the stolen catalytic converters in return for greater than $38m (£31m).

Tou Sue Vang additionally pleaded responsible to 39 costs associated to cash laundering, prosecutors mentioned.

A complete of 21 individuals from California and New Jersey have been charged within the case, prosecutors mentioned.

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Catalytic converters flip pollution emitted from a automotive’s exhaust into much less dangerous gases.

They are often simply stolen from beneath a automobile and include treasured metals together with platinum.

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“A few of these treasured metals are extra helpful per ounce than gold, and their worth has been rising in recent times,” the US lawyer’s workplace mentioned.

“The black market value for catalytic converters may be above $1,000 (£820) every.”

California accounts for 37% of catalytic converter theft claims throughout the US, with about 1,600 reported stolen every month, federal prosecutors mentioned.

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