Four days after launching a 2014 candidacy for Florida chief financial officer with promotion from the Florida Democratic Party, Allie Braswell announced Monday he’s withdrawing from the race.
The would-be fiscal watchdog was stung by revelations, first reported by the Florida Times Union, that he filed for bankruptcy twice in South Carolina in the 1990s and once in Florida in 2008. In the latest case, he had $509,000 in liabilities with $324,000 in assets, and he defaulted on a payment plan.
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The Associated Press contributed to this story.