Larry Wilcox — better known as Ponch's sidekick Jon from the 70's-80's cop show CHiPs — was caught in a sting operation by FBI agents and the Securities and Exchange Commission allegedly seeking kickbacks in exchange for penny-stock manipulation.
Wilcox, along with over a dozen others, has been charged with promoting "various illicit kickback schemes to manipulate the volume and price of microcap stocks and illegally generate stock sales" by the SEC.