---
title: 'Account Handling Scam Cost Him ₹7 Lakh | Lost in the Market'
source: 'https://youtube.com/watch?v=bUPk_O-u2D4'
video_id: 'bUPk_O-u2D4'
date: 2026-07-31
duration_sec: 69
---

# Account Handling Scam Cost Him ₹7 Lakh | Lost in the Market

> Source: [Account Handling Scam Cost Him ₹7 Lakh | Lost in the Market](https://youtube.com/watch?v=bUPk_O-u2D4)

## Summary

This video recounts a real-life trading scam in which a retail investor was persuaded by an account handler to put money into silver after the price crossed 61,000. The handler promised silver would reach 500,000, but instead the victim borrowed ₹2 lakh, lost a ₹75,000 position, and ultimately saw the entire ₹7 lakh loan wiped out.

### Key Points

- **Short position on silver at 61,000** [00:02] — The victim had shorted silver around 61,000, but the market moved above that level, creating heavy losses and setting the stage for the scam.
- **Promise of silver reaching 500,000** [00:15] — The account handler claimed that investing in silver would take the money to 500,000 and that no commission would be taken from the profit.
- **Borrowed money handed over** [00:27] — The victim took a ₹2 lakh loan from outside at interest and gave it to the handler, who added more money, eventually claiming the total position was ₹7 lakh and reassuring him that there was no problem.
- **Silver position wiped out in 20 days** [00:43] — The handler kept saying silver would perform very well, but within about 20 days the victim's ₹75,000 silver investment was gone.
- **Entire ₹7 lakh loan lost** [00:58] — The full ₹7 lakh borrowed amount was lost, leaving the victim devastated and in debt.

## Transcript

Shorted at 61,000. Yes, what happened to silver, the market has gone above 61000, Yes, what happened to silver, the market has gone above 61000, that F&S, invest money in silver now, if you invest
this money, it will reach 500000, they will give you full profit, that lakh, well, they will not keep their cut in it, they will not keep it, I took 2 lakh interest from outside and gave it to
and gave 2 lakh and 2 lakh, that lakh, 7 lakh, he was saying that there is no problem, you will get the money, what is this, you have lost 5 to 4 lakh, that all comes,
silver will work very well in this, he told me that after 20 days my money of silver 75000 was gone,
what should I tell them, I felt very sad, that means the entire 7 lakh that you took as loan is gone, the sad, that means the entire 7 lakh that you took as loan is gone, the