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.

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.

The owner of a San Francisco tow truck company accused of trying to light his competitors’ trucks on fire has been indicated by a grand jury on charges of conspiracy to commit arson.