‘CHiPs’ Star Larry Wilcox Charged with Securities Fraud

by | October 8, 2010 at 6:58 AM | Celebrity Arrests, TV News

Actor Larry Wilcox of 'CHiPs' (Photo: Stephen Shugerman/Getty Images)

Actor Larry Wilcox of 'CHiPs' (Photo: Stephen Shugerman/Getty Images)

WASHINGTON – Federal regulators have accused the actor who played a California highway officer in the 1970s TV series ‘CHiPs‘ of securities fraud.

The scheme involving actor Larry Wilcox was one of several kickback operations run by more than a dozen small-company stock promoters, the Securities and Exchange Commission said Thursday. The SEC charged Wilcox and the others in lawsuits filed in Miami federal court. The 63-year-old Wilcox, of West Hills, Calif., played Officer Jonathan “Jon” Baker on ‘CHiPs.’

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The SEC says the promoters were caught in an FBI undercover sting operation offering to pay kickbacks to pension-fund managers or stockbrokers for using their clients’ funds to buy penny stocks.

Wilcox’s lawyer didn’t immediately return a telephone call seeking comment.

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