D.C. Dem resigns after fraud charge

Democratic D.C. Council chairman Kwame Brown resigned Wednesday afternoon, the same day he was charged with bank fraud.

WJLA reports:

A plea hearing has been scheduled for Friday.

In documents filed in D.C. Superior Court on Wednesday, Brown is accused of defrauding Industrial Bank between 2005 and 2007 with the intention of obtaining money, assets and other property under false pretenses.

As first reported by the Washington Post's Del Quentin Wilber, the allegations are linked, in part, to a mortgage Brown secured on his home in 2006. …

Brown addressed his resignation letter to D.C. Council Secretary Nyasha Smith Wednesday afternoon.