Larry Wilcox, the actor who played “Jon” on the 1970s show “CHiPs” (about California motorcycle cops “Ponch” and “Jon”), has been busted by the SEC in a penny stock sting.According to the complaint, Wilcox and a couple of accomplices bribed someone they thought was a pension fund employee to buy the stocks of several companies, in order to make it appear that there was interest in the stocks.
Unbeknownst to Wilcox, et al, the “pension fund employee” was an FBI agent.
Here’s the complaint:
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