Chicago Man Kills Brother Over $2 Debt

A 33-year-old Chicago man is being held without bond in connection with the stabbing death of his brother over a $2 debt.

Phillip Binder allegedly stabbed to death his brother, 35-year-old Charles Binder, in front of other family members in their South Side home.

Phillip Binder first approached his brother Charles outside their home. Assistant Cook County State's Attorney Mike O'Malley said once the two were inside, Phillip Binder took a large knife from the kitchen and plunged it once into his brother's chest.

After the stabbing, Phillip Binder allegedly told his aunt she was lucky she didn't die too.

According to the arrest report, the altercation began over a crack cocaine debt.