Jimmy Cumiskey (64) of Sliabh Na Glough, Jenkinstown, Dundalk had his case re-entered for failing to pay back money which was a condition of two years of his sentence being suspended.
A former mortgage broker who received almost €64,000 from four clients despite having his licence removed by the Central Bank, has avoided going back to prison after he paid the final amount that remained outstanding.
Jimmy Cumiskey (64) of Sliabh Na Glough, Jenkinstown, Dundalk had his case re-entered for failing to pay back money which was a condition of two years of his sentence being suspended.
He had pleaded guilty to seven sample counts relating to four victims who gave him money, believing it was a deposit towards obtaining a mortgage.
He had no licence to act as mortgage intermediary since February 2012 and the offending occurred from March 2018 to March 2020.
In November 2024, Judge Dara Hayes imposed a global sentence of three and half years with the final two years suspended and directed that €70,000 be paid to the injured parties before August 31st 2025.
He added that figure was higher than the loss suffered on the basis that they had at that stage been six years without their money and there has been significant inflation since then.
Mr Cumiskey, who was effectively jailed for 18 months, was subsequently freed on temporary release on December 23rd that year and the case was re-entered by the Prosecution, on the basis that the sum as stipulated by the court, had not been paid in full.
The case was adjourned a number of times to facilitate the sale of the defendant’s home.
Today, the Defence barrister said it the additonal sums had been paid, and Prosecutor Steven Dixon confirmed that the woman in question was willing to accept the €5,000 that had still to be dispensed and said that being the case, Mr Cumiskey had finally complied with the terms and conditions of the suspnded sentence.
Mr Dixon addedd it has taken tremendous efforts from the State Solicitor for County Louth Fergus Mullen, the investigating garda “and this court to get to this place”.
Mr Cumiskey’s barrister said his client wanted to reiterate his apology to the victims and wants it on the record that his is someone who ultimately pays his debt.
Judge Dara Hayes noted the money should never have been stolen in thle first pace and Mr Cumiskey ought to have complied with the court order within the timeframe he had originally been given.
Although the judge acknowledged there were some conveyancing problems which slowed things down, he said it should not have taken this long. He concluded by saying “Now the matter has been dealt with, albeit belatedly, I will make no order.