Worst working way of sebi people. Review on SEBI

After getting defrauded by one financial company named Edelweiss(posted the case in Mouthshut also), I raised my grievance with SEBI but I found SEBI's way of handling the complaint is WORTHLESS. Thought to write about my experience:

-Our grievances are handled by SEBI like some house-hold work. Some assistant manager of SEBI kept my case for a month and she was simply doing very easy clerical work only, instead of understanding the investor complaint details and the incurred loss of affected investors by Edelweiss

-I was expecting SEBI to direct the defrauding companies not to cheat investors and to operate in a decent manner. After 1+ month of struggling in getting my concern addressed and getting my loss compensated, the complaint was closed by SEBI simply for a silly reason. Despite giving all-clear proofs, none of it matters for SEBI people

-Financial companies are the regulated members of SEBI as far as investors are concerned. But fraud financial companies like Edelweiss taking money from investors in the name of investment and not investing in listed instruments. And in my case, Edelweiss people took money from me for bonds that didn't exist or not available. Before taking money, edelweiss wrote as they have bonds stock available but after taking money they disappeared for 2 months and convinced SEBI people also on this

-My complaint was closed as if edelweiss gave a valid reason. I am wondering as to how come a SEBI regulated member is taking money from all investors for something not existing with SEBI and not investing. Isn't it a super cheating technique of taking investors money and keep it for 2 months and give some fake stock excuse when caught

-Basically, this SEBI doesn't have any documented actions against cheating companies. They are just doing some clerical work of passing the complaint to the frauds and getting the response from the frauds. That's it!. In the end, there is one reason found to close the complaint in favor of the company(maybe due to the fact that SEBI revenue depends on finance companies which generate profit by cheating others)

I don't know what impact is created on the worthless presence of SEBI by this post on Mouthshut as we all hope something to educate and regulate SEBI people towards investors than working in favor of fraud companies. Anyway, I am advising Mouthshut users not to keep more than 0.5% hope on SEBI and it is waste of time & effort as experienced.