Dave Freygang

Cyberhackers believed to have originated in China scammed Bonnier Publications out of $1.5 million last month, Media Ink has learned.

The thieves hacked into the email of then-CEO Dave Freygang and then sent two bogus instructions to an employee in the accounts payable department to ship the money to a Chinese bank via electronic transfers, sources said.

The emails were marked urgent and confidential, sources said. The FBI is said to be investigating.

Bonnier Corp. today announced that Terry Snow, CEO, has elected to retire effective January 14, 2013. Snow will be succeeded by Dave Freygang, who recently served as Executive Vice President for Bonnier’s Active Interest Division.

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