Legislation that makes it harder to resell the stolen emission devices to businesses who buy them to extract valuable earth metals was signed into law last week by New Jersey Gov. Phil Murphy.
“By implementing guidelines on the sale and purchase of catalytic converters, we raise the bar for accountability, making it harder for criminals to profit from stolen converters and easier for law enforcement to bring them to justice," Attorney General Matthew Platkin stated in a press release.Among the guidelines specified by the law is one that demands ownership verification when selling used catalytic converters to scrap metal businesses.
Those dealers are now required to document the vehicle identification number and the certificate of title or registration from the donor vehicle. Fines are imposed on those who disregard the new rules.released this month by the National Insurance Crime Bureau found reports of stolen catalytic converters ballooned from 16,660 in 2020 to 64,701 last year, based on insurance-industry data.
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