Bussiness
Jailed former Custom House Capital CEO appeals fraud sentence
Former CHC chief executive Harry Cassidy. Photo: Collins.
The former Chief Executive of Custom House Capital (CHC), jailed for his role in a sophisticated €61m conspiracy to defraud investors in the firm over a decade ago, has appealed his prison term, arguing it was wrong for a judge to “pluck” a headline sentence of 14 years “out of the air”.
Harry Cassidy (68), of Clon Brugh, Aitkens Village, Stepaside, Dublin pleaded guilty to conspiring with others to defraud investors in, and clients and customers of, CHC by intentionally misleading them as to where and/or how their assets had been placed contrary to common law.
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