Law360, New York (January 27, 2011, 5:17 PM EST) -- Prosecutors on Thursday agreed to cut a break for former "CHiPs" star Larry Wilcox in the penny-stock securities fraud case against him, saying his “substantial assistance” to the government warrants a reduction in sentence.
Though Wilcox agreed as part of a plea bargain to accept a sentence based on federal guidelines, prosecutors said that was not necessary, filing a motion for downward departure in the U.S. District Court for the Southern District of Florida.
Prosecutors hinted earlier that Wilcox agreed to be an undercover informant after...
'CHiPs' Star To Get Lower Sentence In Fraud Case
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