“Hackers have stolen billions of dollars from American companies by impersonating CEOs in an email scam — and the loot gets wired to banks in China and Hong Kong 83% of the time.
James C. Trainor Jr., assistant director of the FBI’s cyber division, highlighted the reach of the email scam during a speech at the International Conference on Cyber Security on Tuesday in New York City.”

Source: Hackers preying on US companies send the cash to China and Hong Kong – Jul. 26, 2016