Philadelphia’s TDI Towing and 11 people are accused of participating in a crime ring involving stolen catalytic converters, which contain rare metals.
About that time, TDI Towing built a reputation for buying catalytic converters from thieves, officials said. The towing company paid a total of at least $10,000 a night for the car parts, with as many as 30 transactions, Weintraub said. Over three years, TDI Towing purchased about 27,300 converters, investigators said.“The word at the street level was if you go to this location, they will buy your catalytic converters — no questions asked,” Weintraub said.
Sellers of catalytic converters described sawing them off in less than a minute before driving to the tow yard, officials said. One seller claimed he would approach the yard’s fence and honk twice and an employee would let him in to sell the device, according to a criminal complaint against TDI Towing and Williams. The seller would back up into the shop, park and reveal the converter, he told investigators.
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