Man Loses ₹12.46 Lakh in Bajaj Finance QR Code Loan Scam Over a Year

• A 59-year-old man from Virsad village, Gujarat, was defrauded of over ₹12.46 lakh in an online loan scam.
• The scammer, posing as Bajaj Finance, lured the victim, Ashwin Kumar, with a loan offer starting in June 2023.
• Ashwin Kumar was repeatedly asked to scan QR codes for various 'fees' like processing, documents, and loan approval.
• The fraud continued for nearly a year, from June 2023 to May 2024, with promises of money return upon loan approval.
• Realizing the fraud, Ashwin Kumar contacted the cyber helpline and filed a police complaint on December 27, 2025.

Why It Matters: Beware of online loan offers demanding QR code scans for fees; it's a common fraud tactic.