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Philly Tow Company Owner Sentenced For $8.2 Million Catalytic Converter Theft Ring

December 18, 2024 by zerohedge

Philly Tow Company Owner Sentenced For $8.2 Million Catalytic Converter Theft Ring

A family at the center of a catalytic converter theft ring has been sentenced for “operating a multi-million-dollar catalytic converter theft ring throughout the Philadelphia region”, according to authorities and a new report from Patch.

A Philadelphia towing company owner was exposed as the ringleader of a catalytic converter theft ring, busted in June 2023 after a yearlong investigation, according to Bucks County prosecutors.

Six family members, including some from Montgomery County, were sentenced Monday. Authorities revealed TDI Towing was “likely involved in the buying and reselling of over 25,000 likely stolen catalytic converters,” according to NBC.

The Patch report says that “TDI employees were paid an average of $300 per catalytic converter, for a total of nearly $8.2 million during the three years.”

A joint investigation by Bucks County detectives and over 30 local, state, and federal agencies uncovered the ring. Michael Williams, owner of TDI Towing in Philadelphia, along with his wife, three sons-in-law, and her sister, were sentenced Monday. In June, five pleaded guilty, while one entered a no-contest plea.

Michael Williams received 2.5 to 5 years in state prison and probation, while his accomplices, including Bruce, Schwartz, Hopkins, and Lisa Davalos, were sentenced to county jail terms ranging from 90 days to 23 months, and Deborah Davalos received two years of probation.

“I think we got to see on the videos who [Williams] was when he didn’t know he was being recorded,” said Prosecutor Edward Furman. “Our position was that he was preying on people that were in the throes of addiction. He knew that they were looking for cheap, easy money and he was their source of it.”

Coley Reynolds, Williams’s defense attorney, commented to NBC: “Michael was a person who was raised a certain way, wanted to take care of his friends, wanted to take care of his community. I’m not saying that led to these offenses, but certainly we thought it should have been more of a consideration to the court.”

Williams will have to pay more than $100,000 in restitution.

Tyler Durden
Wed, 12/18/2024 – 17:55

Boy Meets Squirrel: Share Your Best Christmas Story

December 18, 2024December 18, 2024 by MenNeedToBeHeard

Originally posted at MenNeedToBeHeard YouTube Channel

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Trump can negotiate to stop Iran from getting nuclear bomb, Blinken says

December 18, 2024 by insiderpaper

US Secretary of State Antony Blinken said Wednesday that President-elect Donald Trump had a window to negotiate with Iran, saying the development of a nuclear weapon by Tehran was not inevitable. The outgoing top US diplomat acknowledged that the cleric-run state may be more seriously considering a nuclear weapon after military setbacks in the region. […]

The post Trump can negotiate to stop Iran from getting nuclear bomb, Blinken says appeared first on Insider Paper.

Trump opposes deal to avert government shutdown: statement

December 18, 2024 by insiderpaper

US president-elect Donald Trump came out Wednesday against a mammoth package allocating funding to avert a fast-approaching US government shutdown after a trove of spending added to the text ballooned costs, outraging conservatives. Suggesting that concessions to Democrats in the bill were “a betrayal of our country,” Trump said in a joint statement with Vice […]

The post Trump opposes deal to avert government shutdown: statement appeared first on Insider Paper.

The Best Advertisement’s Ever To Get Men To Walkaway!

December 19, 2024December 18, 2024 by MenNeedToBeHeard

Originally posted at MenNeedToBeHeard YouTube Channel

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Hill Leaders Slipped Scheme into Spending Bill to Block, Stymie Investigations into Congress

December 18, 2024December 18, 2024 by Breitbart

Congressional leadership slipped a provision into the stopgap spending bill that would block or stymie investigations into Congress.

The post Hill Leaders Slipped Scheme into Spending Bill to Block, Stymie Investigations into Congress appeared first on Breitbart.

US officials warn ISIS jailbreak will unleash a ‘terrorist army’ in Syria

December 18, 2024December 18, 2024 by humanevents

“I usually hate this cliche, but this is the closest thing we have to a ticking time bomb,” a senior US counterterrorism official told Politico.

China expanding nuclear arsenal at rapid rate: Pentagon

December 19, 2024December 18, 2024 by humanevents

According to the Pentagon’s annual “China Military Power Report,” the country is currently on track to develop 1,000 warheads by 2030.

Austrian Economics Explains Why the WNBA Was So Hostile to Caitlin Clark

December 19, 2024December 18, 2024 by Mises

Many people were puzzled why so many WNBA players were hostile to the arrival of superstar Caitlin Clark. After all, they reasoned, Clark would make the league more popular, bringing more money and publicity. Austrian economics, however, shows a logical explanation for the hostility to her.

NewsWare’s Trade Talk: Wednesday, December 18 | NewsWare‘s Trade Talk

December 18, 2024 by NewsWare‘s_Trade_Talk

S&P Futures are positive this morning with multiple catalysts ahead. The key economic event today will be the FOMC announcement on monetary policy where a 25-basis point cut is expected. The latest dot plot data will be released which will likely show fewer and slower rate cuts in 2025. Powells press conference will likely be a source of market volatility. Congressional leaders reached a deal on government funding. Earnings reports after the bell today from MU, LEN, MKLN & SCS. Honda and Nissan are said to be exploring a merger. Post Holdings announces a deal for Potato Product of Idaho making a deal for Lamb Weston unlikely. Mastercard unveils new $12B stock buyback program. In Europe stocks trading higher and oil prices are displaying gains as the EU & the UK place sanctions tankers being used to transport Russian oil.