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'CHiPs' Larry Wilcox Charged With Securities Fraud

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Amerigo Vespucci Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 03:52 PM
Original message
'CHiPs' Larry Wilcox Charged With Securities Fraud
'CHiPs' Larry Wilcox Charged With Securities Fraud

http://www.tmz.com/2010/10/07/larry-wilcox-chips-securities-fraud-sec-penny-stocks/

Larry Wilcox of "CHiPs" fame has just been charged with securities fraud.



The Securities and Exchange Commission just charged Wilcox and more than a dozen others with allegedly manipulating the volume and price of penny stocks to illegally generate stock sales. Translation: Wilcox and the others allegedly set up a phony company to generate bogus stock sales.

This is not a criminal charge. The SEC is asking for an injunction against Wilcox and some of the others, as well as financial penalties.
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mitchum Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 03:57 PM
Response to Original message
1. "Ponch, I've been pinched!"
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Turbineguy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 03:58 PM
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2. Committing securities fraud
is a step up from that TV show.
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RamboLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 03:59 PM
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3. Isn't Wilcox another of the RW'ers in Hollywood?
Seem to remember hearing/reading he was. Makes me fume when RW complains about Lefty Hollywood! They have more than their share of RW
ers and many seem looney tunes.
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BootinUp Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 04:25 PM
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4. Apparently he is not as smart as he thought he was. nt
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-07-10 04:26 PM
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5. Will he be sent to prison like Martha Stewart?
Doubt it.
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