POLICE have identified a 30-year-old foreign national as the culprit behind the unauthorised transfer of money from 21 DBS and POSB online accounts. It is believed that the Chinese national has skipped town. Police are looking into whether the man hacked into the online accounts from here or abroad. They are also investigating when the hacking was carried out, because he had apparently left Singapore by the time police were informed of the Internet banking fraud. Full Story