BIKIE boss Felix Lyle continues to languish in jail because he does not appear to know anyone ''acceptable'' or with a spare $100,000 in cash from legitimate sources to meet his bail requirements.
When the 54-year-old Hells Angels chieftain was charged last week over his alleged role in a massive fraud ring, police set bail at $100,000 in cash.
But the problem for Mr Lyle, also known as Big F, is the set he moves in. ''Thus far we haven't been able to find an acceptable person,'' said Mr Lyle's solicitor, Martin Ricci, yesterday. By ''acceptable person'' the police mean no one with a criminal record.
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Also not able to provide bail money is a bankrupt, which is the position Mr Lyle is in after an unfortunate hotel deal in Kings Cross. When he was bankrupted in 2009 he listed his occupation as unemployed and claimed to have only $100 to his name.
Outside Central Local Court yesterday Mr Ricci said that police had raised the bar so high, they might as well have refused his client bail. ''No one has $100,000 lying around,'' he said.
Mr Lyle's good friend the underworld boss Tony Vincent cannot put up the money himself having done a stint behind bars in recent years for drug and fraud offences.
Mr Lyle has been charged over three serious fraud offences worth $2.3 million and one count of knowingly dealing with the proceeds of crime.
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