Indian Man Ran $600M Catalytic Converter Theft Ring Across US, Jury Finds

Leader of $600M Catalytic Converter Theft Ring Pleads Guilty After Buying $38M in Stolen Parts From Sacramento Network

The leader of a nationwide catalytic converter theft network pleaded guilty Friday to federal charges tied to a sprawling criminal operation that purchased more than $38 million in stolen vehicle parts from the Sacramento region, federal prosecutors said.Navin Khanna, 42, of Holmdel, New Jersey, admitted in federal court to conspiracy to transport stolen property across state lines, conspiracy to commit promotional money laundering and interstat…

Indian Man Ran $600M Catalytic Converter Theft Ring Across US, Jury Finds

Highlights:Navin Khanna pleaded guilty to leading a nationwide theft network.The scheme involved stolen catalytic converters worth over $600 million.The operation ran from 2020 to 2022 across several US states.More than 20 people have been charged in the conspiracy.Authorities seized luxury cars, cash, jewelry, and real estate.A New Jersey man has admitted in federal court that he led a nationwide criminal operation that stole and sold catalytic…