Investigators uncover scheme involving tens of millions from stolen auto parts in Miami-Dade, records show

MEDLEY, Fla. – Several companies profited from the platinum, palladium, or rhodium extracted out of auto parts that thieves stole from cars in South Florida, according to detectives.

Investigators believe GMCN Scrap Metals, Inc., a company in South Florida, was making tens of millions of dollars on stolen auto parts sold to Techemet Metal Trading, a company in Texas.

Records show federal, state, and local investigators tracked how GMCN Scrap Metals, Inc. purchased the stolen parts in Miami-Dade County that ended up at the Techemet refinery in Pasadena…

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