Thieves targeting catalytic converters in Rhode Island
1:25 PM Tue, Feb 12, 2008 | Permalink
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Catalytic converter thefts, once unheard of, are happening with regularity across Rhode Island, and the nation, according to The Providence Journal. Platinum and other precious metals coat the composite materials inside catalytic converters, which make gases such as carbon monoxide and nitrogen oxide less harmful. The devices are a required exhaust-system component for the majority of SUVs, trucks and automobiles on the road. With metal prices spiking this winter, some scrap yards will buy a converter for as much as $150. And victims can pay as much as $1,000 in parts and labor to replace the device. 
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