Bankrupt Wilcox completes money management course

The former TV cop filed for bankruptcy amid claims his debts totalled more than $1.5 million (£1 million), around the same time he pleaded guilty to securities fraud conspiracy back in November (10).

As part of his bankruptcy, a judge ordered Wilcox and his wife Marlene to take a two-week course on how to manage money, which they completed on Monday (13Jun11).

Wilcox was sentenced to three years probation in January (11) over the fraud conviction for creating a bogus company to generate fake stock sales.