In response to the declining value of the Indian rupee, the Income Tax (I-T) department is intensifying its efforts to monitor suspicious overseas fund transfers, particularly to Thailand, which has been identified as a money-laundering hub. Reports indicate that individuals are misusing the purpose code for 'overseas education' to mislead banks and money transfer operators, facilitating the movement of funds under the Reserve Bank of India's (RBI) liberalised remittance scheme (LRS). This scheme restricts residents from transferring more than $250,000 annually abroad. Some individuals have reportedly used as many as 47 fake Permanent Account Numbers (PANs) to circumvent these limits, raising significant red flags for the authorities. Additionally, connections have been found between these transactions and illegal online gambling platforms, as well as cryptocurrency scams operating in Thailand. Experts suggest that a dedicated team should be established to monitor and block illegal betting websites that are increasingly advertising on social media platforms.