Catalytic Converter Theft Is On The Rise
Protect Against It With Proactive Video Monitoring
The theft of catalytic converters has grown exponentially in recent years with each converter commanding between €300 and €600 on the black market, and more for high-end brands.
25 August 2021
Figures released by the Garda Siochana show that in 2017 just 79 catalytic converter thefts were recorded, this increased to 96 thefts in 2018. In 2019 the crime increased exponentially with 989 thefts recorded and then a further increase to 1,300 in 2020.
In April 2021, Gardai seized an incredible 2,150 catalytic converters and 14 drums of smelted catalytic converters, with a combined value of over €2 million following a raid on a business premises in Dublin.
This is now the third significant seizure of catalytic converters with 300 of them found during a Dublin search operation in March 2021. That haul was valued at about €150,000 and weighs in at 1,275kg. In February 100 converters were found in another Garda raid on premises in Co Meath.
The converters themselves comprise a honeycomb type structure, designed to cleanse engine fumes as they pass through the exhaust. The metal components – platinum, palladium and rhodium – have surged in value, meaning their scrap-metal worth is now high. There is also a market for converters to be used in other cars. Thieves use a large car jack to lift a car off the ground in seconds, and electronic tools to cut the catalytic converters from underneath the vehicles.
Protect your Vehicles from Catalytic Converter Theft
Car dealerships need to protect against this costly threat to their business. The same is true for car rental companies and even car park operators where there could be liability for theft of catalytic converters.
Whilst a video surveillance system may be helpful in identifying a burglar, it is not likely to prevent the crime. For a fully preventive approach, proactive video monitoring combines intelligent analytics with expert human analysis and 24/7 monitoring. Most importantly, our trained Netwatch specialists can speak directly to the intruder with a live audio warning – a proven solution that has already prevented over 80,000 crimes and counting.
Learn Why Proactive Video Monitoring Works Best
If you have a large inventory of vehicles, you are at risk for catalytic converter theft. Fencing, alarms, video surveillance and even security guards are not enough to keep thieves away from your valuable stock. Only proactive video monitoring gives you the tools to deter criminals with a personalised audio warning before they have a chance to cause damage and commit their crime.
Find out the best way to keep criminals from stealing catalytic converters – talk to our security experts today on this link