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A precious metal that costs 15 times more than gold is driving a surge in thefts of catalytic converters
Lesley Wroughton and Max Bearak, The Washington Post
March 4, 2021
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In just the past week, Andrew Reichenbach s car repair shop in Minneapolis has had three Mitsubishis come in with their exhaust pipes sawed off. The thieves were after a precious metal - tucked into almost all American vehicles - in such demand that it costs 15 times the price of gold.
We ve had 60 or 70 in just our shop alone if that gives you a sense of the magnitude of these thefts, the mechanic said. Most of my customers are just baffled. Like, why would somebody do this? ....

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