Green’s Dictionary of Slang

fraughty issue n.

[? SE fraught + naughty]

an unacceptable or unpleasant situation.

[US]Cab Calloway New Hepsters Dict. in Calloway (1976) 255: fraughty issue (n.): a very sad message, a deplorable state of affairs.
[US] ‘Jiver’s Bible’ in D. Burley Orig. Hbk of Harlem Jive.