Wednesday, January 02, 2008

Platinum Blonde

New and exciting crimes.

This holiday season has seen an explosion in thefts of expensive, platinum-laced catalytic converters from parked cars, and authorities report that high-clearance sport utility vehicles are the targets of choice for thieves.

With a common socket wrench and 90 seconds, they leave drivers stuck with cars that sound like Harley-Davidson motorcycles, and facing repair bills topping $1,000.

...

The prize is a catalytic converter, a device used to reduce emissions. Platinum is more valuable than gold, and the contents of a typical converter are worth $40 to $50 to scrap-metal dealers.