Harry Cassidy loses appeal over conspiracy to defraud investors

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Harry Cassidy lost his appeal against his sentence for conspiracy to defraud investors at the Court of Appeal on 7 April 2025. The offences involved misleading Custom House Capital clients about where their assets were placed.

The court dismissed the appeal on all grounds, finding the sentence was not unduly severe. It held that the sentence appropriately reflected serious offending, the abuse of clients’ trust and the need for deterrence.

Cassidy had pleaded guilty to the conspiracy and was serving a six-year-and-10-month term. The Court of Appeal said the sentencing discounts, including credit for time spent in custody in Germany, adequately reflected mitigation.