Share
SACRAMENTO — Three members of a California family pleaded guilty Monday to conspiracy for their role in a ring that shipped $600 million worth of stolen catalytic converters from California to New Jersey, federal prosecutors said.
Brothers Tou Sue Vang, 32, and Andrew Vang, 28, along with their mother, Monica Moua, 58, were part of “a national network of thieves, dealers, and processors” who provided the stolen auto anti-smog devices to a metal refinery for more than $600 million, according to a statement from the U.S. attorney’s office.
Twenty-one people from California and New Jersey have been charged in the case, prosecutors said. The three Sacramento family members pleaded guilty to conspiring to transport the devices in return for more than $38 million.
Tou Sue Vang also pleaded guilty to 39 charges related to money laundering, prosecutors said.
Catalytic converters are easily stolen and contain precious metals including platinum.
“Some of these precious metals are more valuable per ounce than gold, and their value has been increasing in recent years,” the U.S. attorney’s office said. “The black-market price for catalytic converters can be above $1,000 each.”
California accounts for 37% of catalytic converter theft claims nationwide, with about 1,600 reported stolen each month, federal prosecutors said.
RELATED TOPICS:
California Farm Donates Hundreds of Thousands of Eggs to Wildfire Victims, First Responders
13 hours ago
Editorials of The Times: Now Is Not the Time to Tune Out
13 hours ago
USAID in Turmoil as Aid Programs Cut, Staff Stranded
14 hours ago
Look Past Elon Musk’s Chaos. There’s Something More Sinister at Work.
14 hours ago
Kellen Moore Exits Eagles to Become Saints Head Coach
15 hours ago
The Deadly Truth: Record Number of Journalists Killed in 2024
15 hours ago
CHP K-9 Seizes 50 Pounds of Illicit Mushrooms in Fresno County
16 hours ago
Wired Wednesday: Fired Teacher and Coach Ed Madec Seeks Justice
11 hours ago
Categories

Fresno Location Is Among the 500 JOANN Fabrics Closures

California Farm Donates Hundreds of Thousands of Eggs to Wildfire Victims, First Responders

Editorials of The Times: Now Is Not the Time to Tune Out

USAID in Turmoil as Aid Programs Cut, Staff Stranded
