$8.2M catalytic converter theft ring operated out of Philly business, officials say

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Bucks County DA Matt Weintraub discussed the recent dismantling of a theft ring that, allegedly, operated out of a Port Richmond business and targeted victims in Bucks and Montgomery counties as well as throughout the Delaware Valley.

After a year-long investigation, Bucks County District Attorney Matt Weintraub, on Tuesday, detailed how law enforcement officials were able toHe said that the ring operated out of TDI Towing, located along the 2300 block of Wheatsheaf Lane in Philadelphia's Port Richmond neighborhood.

According to Weintraub, the"kingpin" of this operation was Michael Williams, 52, of Philadelphia, owner of TDI Towing.Get Philly local news, weather forecasts, sports and entertainment stories to your inbox.Since 2020, Weintraub said, 2,000 catalytic converters have been reportedly stolen throughout Bucks County.

These items -- which help filter harmful chemicals out of a vehicle's exhaust -- can fetch a fair price as, he said, three chemicals in a converter, rhodium, platinum and palladium, have significant resale value. A surveillance image of a catalytic converter theft, allegedly conducted by this criminal ring, that officials shared on Tuesday.

 

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