Kolkata: The Saradha Group went bust over a year ago but its web site, which lured unsuspecting poor people into investing in its chit fund schemes and deprived them of their hard-earned savings, still exists.

The website www.saradhagroup.biz can be accessed on the Internet. It begins with a message: "Saradha Group of companies has brought in a new renaissance for better development of the country. We always give more importance for the development of the community, along with education and social upgradation. We give priority to moral values."