Corporate Pig Butchering Incident?There Are Steps You Can Take
According to the FBI Internet Crime Complaint Center 2024 Annual Report, cryptocurrency investment fraud (commonly called pig butchering) caused $5.8 billion in reported losses across 41,557 complaints in 20241. Petronella Technology Group supports corporate incident response when executives, finance teams, or corporate wallets are targeted. Individual losses reported in news coverage have reached six figures.
Corporate Scope Only
This page covers corporate pig-butchering incidents: executive targeting, wire fraud with business email compromise overlap, and crypto tracing from corporate treasury or wallet accounts. We do not provide consumer or individual-investor recovery services, private-investigator work, or mobile-device extraction. If your incident is a personal consumer matter, file with the FBI IC3 at ic3.gov and consult a licensed victim advocate or attorney.
5 Steps After a Corporate Pig Butchering Incident
Every hour without action gives fraud operators more time to move funds through mixers and exchanges.
Stop all contact and block the scammer on every platform
Screenshot all conversations, transaction records, and platform URLs
File an FBI IC3 complaint at ic3.gov immediately
Contact your bank and crypto exchanges about freezes and chargebacks
Engage a cybersecurity firm for blockchain tracing and evidence packaging
Recovery Services
Blockchain Transaction Tracing
Map stolen fund flow through wallets, exchanges, and mixers. Identify points where funds can still be frozen or seized by law enforcement.
Forensic Evidence Packaging
Court-ready documentation meeting FBI and DOJ standards. Professionally organized cases receive priority attention from investigators.
Identity Theft Assessment
Scammers collect personal data during trust-building. We assess exposure, scan dark web marketplaces, and implement credit freezes and monitoring.
Device Security Audit
Fake trading apps often contain malware, keyloggers, or remote access tools. Forensic audit identifies and removes malicious components.
Frequently Asked Questions
What is a pig butchering scam?
A long-con investment fraud where operators build trust over weeks via messaging or social platforms, then steer targets to fake crypto platforms they control. The FBI IC3 2024 Annual Report logged 41,557 complaints and $5.8 billion in losses in the cryptocurrency investment fraud category1.
Do you help individuals who lost money, or only companies?
Our scope is corporate. We work with businesses after executive targeting, wire fraud with BEC overlap, or theft from corporate crypto treasury. For personal consumer cases we refer to the FBI IC3 (ic3.gov), FTC (reportfraud.ftc.gov), and licensed victim-advocate attorneys.
Can stolen crypto be recovered?
Recovery depends on timing and whether funds reached regulated exchanges. The DOJ has recovered hundreds of millions through seizure warrants. Speed is critical. Call 919-348-4912.
How do I know if a platform is fake?
Check SEC/FINRA registration at investor.gov. Red flags: cannot withdraw without paying fees, URL mimics legitimate exchange, introduced by someone met online.
What evidence should I preserve?
Everything. Screenshots of all conversations, transaction records, wallet addresses, platform URLs, apps installed, and scammer profiles. Do not delete messages or uninstall apps.
Related Resources
Recovery Starts with the Right Next Step
A confidential corporate assessment costs nothing and can clarify your response options.
Citations
- Federal Bureau of Investigation, Internet Crime Complaint Center, 2024 Annual Report. Cryptocurrency Investment Fraud statistics. ic3.gov/AnnualReport/Reports/2024_IC3Report.pdf
- Federal Bureau of Investigation, Cryptocurrency Investment Fraud overview and victim resources. fbi.gov Cryptocurrency Investment Fraud