It's getting so you can't even trust the police anymore. Remember the TV show CHiPs, about two Callifornia highway patrol cops, which was on the air from 1977 to 1983? If you do, then you remember Officer Jon Baker, played by Larry Wilcox (pictured at right), who was the partner of Ponch Poncherello, played by Erik Estrada.
Well, Wilcox appears to be working on the other side of the law these days. After CHiPs ended, Wilcox moved into business, running a software company called MediaCore and a pharmaceutical firm called Team Elite. Lately, he's been running a firm called the UC Hub Group, which has been pushing penny stocks on stockbrokers and pension-fund managers - including, if you believe the SEC charges against him, offering kickbacks to the fund managers if they'd buy Wilcox's stocks.
Wilcox's problems began when he and his associates tried to sell some of the stocks to undercover FBI agents. He offered to set up phony consulting companies for the purchasers, paying them money to do nothing - except buy his penny stocks for their clientele. This is, of course, highly illegal. It's an embarrassing fall for a man who was once one of America's favorite policemen.
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