The 9th Precinct tweeted this out the other day... an uptick in catalytic converter theft!
Hot topic and probably one of the hottest items for criminals these days!! BE AWARE pic.twitter.com/Tqqr5xQK5Y— NYPD 9th Precinct (@NYPD9Pct) July 21, 2022
Per Car & Driver:
According to the National Insurance Crime Bureau (NICB), catalytic converter theft has spiked dramatically due to three precious metals found inside them: palladium, rhodium, and platinum. How precious are we talking about here? At the time of this writing, an ounce of rhodium costs about $15,000.