"A scam, I guess. It's been about seven or eight years, I think," Guo Lu said.
"I heard from Brother Wang that at that time, the county hadn't completely given up on attracting investment. They were making efforts every year, and the policies were quite favorable. Coincidentally, a food factory wanted to establish a presence here. They practically got the land for free, with an additional 2 million in subsidies. But halfway through construction, they declared bankruptcy, and this building, which was mortgaged, was left behind."
Lin Yi nodded with a calm expression.
Things were better in a first- or second-tier city, but these things happened from time to time in small towns.
After rolling up the money, they would run away and declare bankruptcy. The officials would not even be able to find the stakeholders anymore. Only the person involved knew who would end up reaping the benefits.
However, this also proved a principle.
