America has the highest incarceration rate in the world, and that opens up the door for companies to have a captive market -- literally. One of those companies is JPay, which provides electronic money transfers and other services to about 70 percent of state prisons. But in order to get that lucrative state prison contract, the state takes a commission as well. Critics argue all the costs are passed down to families and inmates, often burdening them financially. CNBC's Dina Gusovsky Reports.
The U.S. has 25 percent of the world's prisoners, and some see mass incarceration is a big business opportunity.
Dan Lindner's wife, mother-in-law, and two young sons set out on a road trip, but did not make it there alive. They were killed instantly in a crash with a truck driver who had seven warning letters from his company. CNBC's Eamon Javers reports.
Experts say "chameleon" trucking companies, which re-register with the government to clear prior issues, are more likely to be in severe crashes.
Bitcoin. Digital gold rush or a shadowy tool empowering criminals on the dark web? What is really driving The Bitcoin Uprising? CNBC's Mary Thompson takes an in-depth look at this emerging digital currency by speaking to the bitcoin faithful, who believe the open source currency will upend the global financial system, as well as those who believe bitcoin is an easily manipulated tool that empowers criminals, hackers and drug barons in the dark online underworld. Although the future of bitcoin is uncertain, The Bitcoin Uprising sheds much needed light on the speculative currency and the future of money.
“Selling the American Dream” goes inside the world of multi-level marketing. Our 10 month investigation shows how quickly people can find themselves in financial ruin, when investments they are encouraged to make in MLM businesses turn into unmanageable debt.
450,000 people had robot-assisted surgery last year, but now the makers of da Vinci are facing controversy about the safety of its surgical device. CNBC contributor Herb Greenberg investigates allegations of problems in the operating room in "The da Vinci Debate."
Revolutionaries believe their mission is to spread the word of bitcoin and its power.
A former VA surgeon says equipment wasn't cleaned properly at the Jackson, Miss., VA. He says those aren't the only problems.
CNBC's investigative unit focuses on corporate malfeasance,government waste and white collar crime. In 2012 the unit reported a wide-range of stories including health care fraud, child labor, cyber espionage, and global kleptocracy for which Senior Correspondent Scott Cohn traveled to Baku, Azerbaijan, Dubai, Paris, London, Los Angeles and Fernley, Nevada.
After Joseph Romano was convicted of running a coin scam he decided to plot revenge against those who had locked him up. CNBC investigates.
From sophisticated fake game tickets to bogus jerseys, counterfeiters want a piece of the Super Bowl. Here's how to spot knockoff merchandise.
CNBC's Andrea Day looks back at this year's biggest crime stories, including rock star wannabe, Rob Mawhinney, who stole over $11 million and is now serving seven years in prison.
Cliff Goodenough says his life had been in shambles because of a decades-long battle with the IRS. The reason was almost too hard to believe.
CNBC's Andrea Day reports that luxury-goods companies spend millions of dollars every year on global investigators to fight counterfeiting. A look at how the knockoff sellers are adapting to increased pressure from law enforcement.
Former pro and UConn star Tate George is accused of running a multimillion-dollar scam from 2005 to 2011 that targeted friends and pro athletes.
Over a three-year period this band of criminals were responsible for more than $5 million in credit card theft and alluded authorities for years.
Christopher Rad was found guilty of running a global conspiracy to manipulate stocks, raking in millions of dollars for himself.
The Pink Panther gang is suspected of pulling off some of the most brazen diamond heists in history, with more than $100 million worth of jewels stolen in just the past month.
Investigators are digging to track all the money in the investigation into a New York couple accused of running an international prostitution and money-laundering operation. CNBC's Andrea Day offers insight.
CNBC's Andrea day has been tracking the story on the mom who was accused of running a massive pot growing operation. MedMen offers clients tips on growing marijuana plants. Its founder and CEO Adam Bierman, weighs in.
The Treasury estimates that $21 billion in potentially fraudulent refunds due to identity theft could be issued in the next five years.
CNBC's Gary Kaminsky takes a look at the massive amount of digital data that pours into the SEC's enforcement division, which is in charge of investigating violations of securities laws.
CNBC's Gary Kaminsky spent time with SEC's Bruce Karpati to learn more about his division, which investigates allegations of fraud committed by investment advisers. Kaminsky reports that if you're breaking the law, the agency will find you.
A new distribution announced Tuesday will bring the total amount returned to Madoff investors past $5 billion.
Madoff trustee Irving Picard and his chief counsel David Sheehan react to Mark Madoff's suicide.
Senior correspondent Scott Cohn talks to Madoff trustee Irving Picard and his chief counsel David Sheehan about the involvement of big banks in Madoff's fraud.
By attacking business computer networks, hackers are accessing company secrets and confidential strategies and creating huge losses for the overall economy.
China is working feverishly to counteract its slowest GDP growth in recent years, and one of the ways it’s doing so, say U.S. officials, is through the theft of American corporate secrets.
US businesses are enduring an unprecedented onslaught of cyber invasions from foreign governments, organized crime syndicates, and hacker collectives, all seeking to steal information and disrupt services, cybersecurity experts say.
Intuitive Surgical is flagging an issue with one of its robot’s instruments.
With more reports of surgical complications coming to light, Intuitive Surgical is defending it's da Vinci robot and says it is safe.
Most robotic surgery takes place without a hitch, but a growing number of complaints allege complications and even deaths.