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Californians plead guilty in $600 million nationwide catalytic converter theft scheme_我的网站

一 |     SACRAMENTO, Calif. -- 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 dollars, 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.。    The release of Akhanda 2, starring Balakrishna, which was supposed to release on December 5, 2025 has been postponed indefinitely. On Wednesday, The Madras High Court passed injunction orders against the film producers over an earlier financial arbitral. While the efforts for a smooth release of Akhanda 2 are currently on, fans and film trade are hoping that the issue would be resolved amicably soon facilitating a smooth release. Amid crisis, we have learnt that Balakrishna has reportedly stepped in to ease out the burden on the filmmakers.          Balakrishna, Boyapati cut down remunerations?     According to sources, Balakrishna is doing his bit to help and bail out the producers of Akhanda 2. He had reportedly agreed to forgo 25 percent of his remuneration. Not just Balayya, but the film’s director Boyapati Srinu had also agreed for a pay cut in his fee to bring down the load. The damage for the film has already been done – trade pundits predict that Akhanda 2 may have lost significant revenue (approximately Rs 10 cr) from its Thursday premieres, had they been screened. Adding to the existing woes, slotting another good release date and holding good theatres overseas is another task. While Akhanda 2 team exudes confidence that the film will strike a chord with the audiences whenever it releases, we have to wait and see as to when the issue would be resolved.          Producer Suresh Babu reacts…     Suresh Babu shared his opinion when asked to comment about the present Akhanda 2 release crises. The veteran producer is presenting an upcoming Telugu film. As part of the film’s press conference, he was asked to comment about the Akhanda 2 turmoil. He expressed confidence that the issue would be resolved soon. “Those (legal and financial issues of Akhanda 2) are all financial matters and should not be discussed in the open. Unfortunately, the business aspect (of a film) is going too much to the streets. Why are we getting into all those details, audiences have to watch a film, that’s it, said Suresh Babu recalling that financial issues do exist.Also Read: Explained: Here’s Why Court Halted The Release of Balakrishna’s Film Akhanda 2。

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