An owner of San Francisco towing companies who is already facing multiple indictments is facing an additional charge for allegedly plotting to burn the tow trucks of his competitors, prosecutors said.

A federal grand jury indicted a San Francisco tow truck operator for conspiracy to commit arson as part of an alleged plot to drive more business to his companies by torching his competitors' trucks.

A San Francisco man was in court on Thursday after being accused of conspiring and setting fires to competing tow trucks throughout the Bay Area in 2023.