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Thieves targeting catalytic converters for metals worth more than gold Metals worth more than gold attract thieves to catalytic converters Catalytic convertor thefts are skyrocketing because they contain a metal worth much more than gold. KTVU's Henry Lee reports on how easy the theft is and how it's fueling a black market. OAKLAND, Calif. - It might start with a sawing noise or people pulling up to your parked car. Before you know it, thieves have taken off with your catalytic converter. "It probably takes these guys once they know what they're doing maybe 10 minutes to cut a catalytic con...

WKBT February 17, 2021 3:58 PM Philip Reed Posted: Updated: Getty Images Catalytic converter thefts have soared during the pandemic as drivers drive less and leave their cars unattended. Thieves can steal this antipollution device in a matter of minutes and sell it to scrap metal dealers for several hundred dollars for the precious metals it contains. A catalytic converter replacement can cost as much as $3,000 for the often-targeted Toyota Prius, says Colby Sandman, owner of Muffler Tech in Sacramento, California, who saw an uptick in thefts as the lockdowns took hold. Now, his sho...