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by Mike Caswell

The U.S. Securities and Exchange Commission has permanently banned Clinton Maurice Tucker II, one of those who participated in a 2014 scheme on the OTC Markets that included former Vancouver resident William Scott Marshall. Mr. Tucker was one of several phone men that Mr. Marshall hired to tout a purported gold miner called Intertech Solutions Inc., the SEC claimed. Mr. Tucker solicited scores of investors while using fake names and failing to disclose his large commissions, according to the SEC.

The ban for Mr. Tucker is contained in an administrative order that the SEC released on Wednesday, June 12. The regulator has permanently barred him from penny stocks and from associating with any investment adviser, broker, securities dealer or other agencies that may handle securities. The ban comes on top of a $1.55-million civil judgment that the SEC previously won against Mr. Tucker, with the amount including disgorgement of the $758,169 that the SEC accused Mr. Tucker of making from the scheme, plus interest. (All figures are in U.S. dollars.) Also included was a $758,169 fine.

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