8 items from 2011
Troubled Chips star Larry Wilcox has completed a court-ordered financial management course following his bankruptcy last year.
The former TV cop filed for bankruptcy amid claims his debts totalled more than $1.5 million (£1 million), around the same time he pleaded guilty to securities fraud conspiracy back in November.
As part of his bankruptcy, a judge ordered Wilcox and his wife Marlene to take a two-week course on how to manage money, which they completed on Monday.
Wilcox was sentenced to three years probation in January over the fraud conviction for creating a bogus company to generate fake stock sales. »
Former "CHiPs" star Larry Wilcox and his wife Marlene have found a new way to keep their marriage fresh after 25 years -- they just graduated a court-ordered personal financial management course together! The course was required by a judge after the pair filed for bankruptcy during that whole securities fraud mess last year ... in which they allegedly set up a phony company to generate bogus stock sales. Wilcox -- best known for playing Jon Baker »
- TMZ Staff
Ponch would not be happy. ChiPs star Larry Wilcox, who played Jonathan "Jon" Baker alongside Erik Estrada's Frank "Ponch" Poncherello character on the iconic 1970s TV series, was sentenced in a Ft. Lauderdale courtroom Friday to three years' probation for conspiring to commit securities fraud. In sentencing Wilcox, 63, U.S. District Judge James I. Cohn said, "I think we got an individual who is truly remorseful. He should not be punished because of his celebrity status." Wilcox had faced a maximum five years in prison. He was also ordered to pay a $100-fine and given 500 hours of community service. »
- Sara Hammel
The former TV cop, who starred alongside Erik Estrada in the 1970s U.S. TV series, pleaded guilty to securities fraud conspiracy back in November.
The Securities and Exchange Commission accused the actor of being involved in a bogus company created to generate fake stock sales.
The organisers of the scheme were caught in a sting operation conducted by America's Federal Bureau of Investigation (FBI).
Wilcox, 63, was handed his punishment during a court hearing in Fort Lauderdale, Florida on Friday, when federal judge ordered him to complete 500 hours of community service.
He faced a maximum of five years in prison for the crime. »
Former CHiPs good guy actor Larry Wilcox plays bad guy in real life with securities fraud conviction? – [Jan. 28] Star celeb and former CHiPs star Larry Wilcox, who portrayed good guy cop Jon Baker alongside co-star Erik Estrada on the hit NBC series CHiPs for five seasons, found himself looking like a bad guy in a Ft. Lauderdale courtroom on Friday morning. Good guy actor Larry Wilcox, also a former Vietnam Vet, was looking at the possibility of serving up to five years for his bad guy role in a securities fraud case. Larry Wilcox had come under investigation by the Securities and Exchange Commission for his involvement in a securities fraud case that allegedly manipulated the stock price of penny stocks in order to generate more sales. Star celeb Larry Wilcox, who starred opposite co-star Erik Estrada for five seasons as a California Highway Patrol motorcycle cop on CHiPs, pled guilty »
- Doug Mead
Larry Wilcox – star of the '80s show “ CHiPs ” -- was spared a jail sentence for his role in a financial scheme ... partly because he fought in the Vietnam War. Wilcox -- had recently pleaded guilty to one count of conspiracy to commit securities fraud and was facing up to five years in federal prison. Instead, Wilcox was sentenced to 3 years probation and 500 hours of community service. After Wilcox shed a few tears inside the courtroom, »
- TMZ Staff
Maybe playing an officer of the law on TV isn't such a bad thing if you've committed a real-life crime. Larry Wilcox, who busted bad guys as Officer Jonathan "Jon" Baker along with Erik Estrada's Ponch on NBC's CHiPs, will avoid the inside of a jail cell after he was sentenced to three years probation for his alleged involvement in a securities fraud ring. Guess they let him off with a warning... Per the South Florida Business Journal, Wilcox pleaded guilty in November to one count of conspiracy to commit securities fraud for cooking up what authorities say was an illicit kickback scheme with at least a dozen others. The group, which included pension fund managers and »
Before you get too upset, keep in mind that Erik Estrada is A-ok.
But his former "CHiPs" co-star Larry Wilcox has seen better days. The 63-year-old actor was sentenced to serve three years probation in a Florida court, on Jan. 27, for conspiring to commit securities fraud.
The AP reports that Wilcox, who famously played Officer Jonathan "Jon" Baker to Estrada's "Ponch", was involved in a kickback operation run by small company stock promoters -- something he seemed very repentant about in court.
"I spent 63 years putting my signature on my life," Wilcox said. "I betrayed my core values with what I did. I am deeply sorry,"
Wilcox will also have to perform 500 hours of community service as a part of his sentence, but it certainly beats the maximum prison term of five years he was facing.
8 items from 2011
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