Channel 4′s Sherwood: Kwame Brown Up to Eyeballs in Debt
Channel 4's Tom Sherwood wins the afternoon with this scoop: Kwame Brown’s credit score must look like shit.
Brown is being sued by multiple credit card companies for unpaid debts, late fines and lawyer fees, according to Sherwood.
The documents show Brown owes the American Express company more than $8,000 in late payments and fees. Brown owes Visa more than $25,000 in late payments, penalties and fees for his Signature card. A second visa card has an overdue balance of $22,000.
Brown, who is running against Vincent Orange for D.C. Council chairman, told Sherwood that he takes “full responsibility” for the debts but that it shouldn’t affect his ability to lead the council. He says he and his wife have cut back their spending.
“We’re now living within our means on a very limited budget,” Brown told Sherwood.
Brown, who drives an Cadillac Escalade with his name plastered on it for the campaign, wasn’t shy about throwing money around at the Palisades 4th of July Parade. Part of his “float” included a semi-like truck seen here.