The Securities and Exchange Commission on Wednesday issued an order barring Scarborough resident Thomas E. Skypeck from the securities industry.

Skypeck was associated with multiple SEC-registered broker-dealers in Maine from 1988-2013, according to the SEC order.

The SEC order was based on Skypeck’s criminal conviction in a 2015 case brought by the Maine Attorney General’s Office alleging that Skypeck committed theft, forgery and multiple securities law violations by defrauding a senior citizen client in a scheme involving precious metals.

In October, he pleaded guilty to multiple charges, but sentencing was deferred to give him time to comply with terms of his plea agreement and to make $5,070 in restitution.