Yazoo Fraud was a crooked land deal in Georgia in 1795. Georgia’s General Assembly sold a large area of state-owned land on the Yazoo River to speculators for far less than it was worth. This land is now part of Mississippi and Alabama.
Most of the Georgia legislators were bribed to sell the land. When the people of Georgia protested, the legislature passed a Rescinding Act to take back the land in 1796. The Supreme Court of the United States ruled in 1810 that the Rescinding Act was unconstitutional. But by this time, Georgia had sold the land to the federal government. See Georgia (Early statehood) .
