FORT LAUDERDALE, Fla. — The actor who starred alongside Erik Estrada in the 1970s TV series “CHiPs” has been sentenced to 3 years probation on a securities fraud conviction.
A federal judge in Fort Lauderdale on Friday also ordered Larry Wilcox to serve 500 hours of community service.
The Securities and Exchange Commission said the 63-year-old Wilcox was involved in one of several kickback operations run by more than a dozen small-company stock promoters. They were caught in an FBI undercover sting operation offering to pay kickbacks to pension-fund managers or stockbrokers for using client funds to buy penny stocks.
Wilcox pleaded guilty in November to securities fraud conspiracy. He faced a maximum of five years in prison.
Wilcox played California highway officer Jonathan “Jon” Baker on the show.
Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.