What is the corrupt system in which government officials were bribed to sell Georgia land cheaply which was then resold for a large profit?

The corrupt system you're referring to is known as the "Yazoo Land Fraud," which occurred in the late 18th century. In this scandal, Georgia state legislators were bribed to sell vast tracts of land in the Yazoo River region at remarkably low prices to private companies and speculators. These individuals later resold the land at significant profits, leading to public outrage and the eventual annulment of the land sales by the new Georgia legislature. The incident highlighted the pervasive corruption in land dealings and prompted calls for reform in government practices.