TDI Catalytic Converter Organization located in a Philadelphia tow yard has been identified as the main buyer of catalytic converters stolen in Bucks and Montgomery counties, according to the District Attorney's Office.
The theft ring is accused of paying a minimum of $10,000 a night for the stolen converters, often offering $1,000 for a single converter.
An investigation revealed that the TDI bought an average of 175 catalytic converters a week, totaling 27,300 over three years; and paid an average of $300 per converter, totaling nearly $8.2 million. Ten employees were also arrested and charged in connection to the thefts. Officials say most of the corporation had a family connection to Williams.
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