Eddie Hayson's increasingly desperate world

"He's been kidnapped at least four times," said one underworld figure who confessed to once seeing Mr Hayson in the boot of a car. "I shut the boot real quick," he said.

Even with a gun put to his head, "the fat f…k still kept talking," said the crime figure of previous attempts to make Mr Hayson pay up.

Through his lawyer, Mr Hayson denied ever being kidnapped or having "any knowledge of a plot to kidnap him".

But the increasingly desperate world of Mr Hayson, recently got a whole lot worse for the gambling man.

Already banned for life from the Star Casino, Fairfax Media has seen internal TAB documents sent to its outlets in February instructing staff members to "no longer serve Edward (Eddie) Hayson" due to suspicious...activity

"Please ensure your staff familiarise themselves with his face," said the missive.

"Am I addicted? Well, it has been a problem over the years," Mr Hayson has previously told Herald while admitting he once placed a $1 million bet on a State of Origin game. In 2014 Mr Hayson lost control of his high ­class brothel Stiletto and declared himself insolvent with debts of $52 million.

But Mr Hayson's cash crisis has not prevented him borrowing more money, telling the lenders that he is on the verge of receiving a huge payout from the sale of the Camperdown bordello.

A Fairfax Media investigation can reveal that the brothel is still owned by members of Mr Hayson's family who are also owed in excess of $30 million by Mr Hayson. The brothel ison the market for about $20 million.

"The whole thing was to clean up a mess, to get rid of this thing, the brothel. I never liked it," said a family member, who asked not to be named owing to threats from those owed money by Mr Hayson. "If I knew what I know now, there's no way I would be involved," he said.

A financial adviser brought in by the family to sort out Mr Hayson's debts and to restructure the brothel business in preparation for its sale had his Vaucluse mansion shot up two nights in a row last year.

In January this year the former national president of the Comanchero bikie gang, Mark Buddle, pleaded guilty to failing to declare $60,000 in cash he attempted to take out of the country last July in a privately chartered plane.

Buddle, who had been out of jail for only a month, offered authorities the improbable explanation that the cash had been given to him by Mr Hayson in appreciation of Buddle's drug and alcohol rehabilitation efforts.

This 'gift' to Buddle would not have been welcome news to boxer Jeff Fenech who mortgaged his home to lend Mr Hayson $1.3 million, or former Newcastle Knight footy player Luke Davico, who lent $1 million.

His former friend from the adult industry Con Ange is also chasing him for money and at one stage Kings Cross identity Fadi Ibrahim, who has also been banned from the casino, was looking for him.

Mr Hayson, though his lawyer, denied having any business or financial dealings with the Ibrahim family.

But of all the loans, the most curious is one which brought together drug dealers, a murderer and directors of a children's housing program.

It was 2013 and Hayson turned to standover man Ned Bikic to organise a loan. Bikic had been out of jail for two years having done an 11-­year stretch for murder.

At a 2005 coronial inquiry Bikic denied any involvement in the murder of Max Gibson, whose death by a "hot shot" of heroin caused the trial of one of Bikic's associates to be aborted. Bikic scoffed at the suggestion he was a standover man and when asked what he did when he wasn't in prison, he replied: "I do my best."

Bikic denies that the loan came from him, although underworld sources say otherwise. According to court documents, the lender of the $500,000 interest free loan to Mr Hayson was Guardian Care Properties, a company run by two accountants, two convicted drug dealers and a greyhound trainer.

One company director is former boxer and convicted cocaine importer Roy Bijkerk, who has a number of business interests with Bikic.

Since their release from jail the pair has amassed a multi-million property portfolio including the 2014 purchase of a $1.55 million apartment in Pyrmont.

Vatche Hagopian, who was jailed for amphetamine supply, is another director, along with greyhound trainer John McGeary.

Mr Hayson persuaded his friend Troy Rugless to put his $3 million South Coogee home as security for the loan. Mr Rugless, a former firefighter and lower grades league player with Souths, was a director of several companies linked to Stiletto.

But Mr Hayson defaulted on the repayment forcing Guardian Care Properties to go to court to obtain an order to sell Mr Rugless' house. Late last year, on the first day of hearings, Mr Rugless delivered $200,000 on the courthouse steps.

Mr Rugless now runs a group of security, construction and cleaning businesses that has become the standout Indigenous contractor to the Commonwealth government. His PSG Holdings has won $15 million in federal government contracts in the past three months, including $4 million to refurbish airforce facilities.

Although Mr Hayson is adamant the debt has been paid in full, underworld sources have reported that Bikic is still on Mr Hayson's case. Bijkerk said the loan was from refinancing a block of units in Sydney's west that had sat empty for the past three years. He said he had been keeping the block vacant in the hope it might one day house troubled teenagers.

After leaving jail in the mid 2000s, Bijkerk helped to create Guardian Youth Care, a not-­for-profit company that cares for some of the state's most traumatised and dangerous children.

Guardian Youth Care receives $6 million a year from the NSW government to provide 24-hour care for up to 27 children. It has received at least $15 million in government grants since 2012. The Office of the Children's Guardian granted Guardian Youth Care a five-year accreditation last year and conducted a compliance review last month.

Bijkerk said the children's care company had no financial connection with the business which loaned Mr Hayson money. Accountants Kevin Casey and Paul Clarke from CBC partners are directors of both Guardian Youth Care and Guardian Care Properties. They declined to comment to Fairfax Media.

Bijkerk is not a director of the charitable company but was previously a "development co-ordinator" of its fundraising arm. Another director of the youth care enterprise is Samantha Madigan, who owns property and businesses with Bikic and Bijkerk.

A director of the charity group has told Fairfax Media that both Mr McGeary and Bijkerk are involved in the property arm of the charity group and that he had seen Ned Bikic several times in the charity's Burwood headquarters, which is owned by a company controlled by Bijkerk and McGeary.

Mr McGeary's son told Fairfax Media, "We are not talking to no-one from no papers".

The life and times of Eddie Hayson

Born in 1968, Edward Kenneth Hayson is the son of the late Sadie "Sally" Hayson, who sold the Northbridge shopping centre for $80 million in 2004.

Underworld figures, Comanchero bikies, jockeys and rugby league players all frequented Hayson's Camperdown brothel Stiletto, once described as "the Taj Mahal of Sydney brothels".

In 2012, a joint task force raided the Parramatta Road premises as part of "operational activity".

Bookmaker Tom Waterhouse and Suzee Fenech, wife of boxer Jeff Fenech, both had caveats over Hayson's brothel to secure money owed.

Hayson has been one of the nation's biggest gamblers. In 2006 he joined forces with another big-time punter, Steve Fletcher. The pair put $60,000 on the favourite, Lucy's Light. But moments before the obscure South Australian greyhound race, they stacked bets on other contenders, blowing out Lucy Light's odds from $1.10 to $13. The payout came to $700,000.

Another betting plunge the same year involved Hayson's friend, the then Newcastle Knights player Andrew Johns. Hayson raced horses with Johns and his brother Matthew. Armed with information that Andrew Johns was injured and unlikely to play, Hayson and Fletcher placed huge bets on the lowly-placed Warriors to win. The pair allegedly netted more than $2 million.

Hayson's friendship with Johns was also at the centre of the 2013 More Joyous affair. Johns had allegedly heard from Gai Waterhouse's son, Tom, that his mother's horse couldn't win, a claim Tom denied. Johns was accused of passing the More Joyous tip on to Hayson, who passed it on to a jockey. No adverse findings were made against Tom Waterhouse or Johns but Hayson was banned from NSW racecourses for six months for hindering the investigation that followed.

The father of two remains banned from Sydney's Star Casino and now he cannot enter a TAB. He lost control of the brothel in 2014 after declaring himself insolvent, owing $52 million.

Do you know more? kmcclymont@fairfaxmedia.com.au