'My life is a mess': Salim Mehajer clutches wooden beads and sports jailhouse beard as he is denied bail for a third time over 'insurance fraud scam'

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Salim Mehajer has been denied bail for a third time, despite claims of bikie gangs' threats inside jail and the threat of bankruptcy on the outside.

The controversial Sydney businessman and former Auburn deputy mayor represented himself via video at Burwood Local Court on Wednesday.

The usually well-groomed 31-year-old sported a bushy beard as he nervously clutched wooden beads during the hearing.  

Mehajer is accused of staging a car crash and defrauding an insurance company, days after he'd insured his Mercedes for more than $150,000. 

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Salim Mehajer has been was accused of staging a car crash and defrauding an insurance company days after he'd insured his Mercedes for more than $150,000 

The crash occurred at the intersection of Nicholas St in Lidcomb about 8.40am just streets from his home

The crash, which occurred at the intersection of Nicholas St in Lidcomb in October last year, came just days after the Mercedes was insured for more than $150,000. 

It was also at the same time the embattled property developer was on his way to face court on charges over the assault of a taxi driver. 

But Mehajer has labelled the Crown's case as weak, arguing it was wrong about the insurance value of his luxury car and the date the policy was taken out.

He stressed he hadn't made a claim on the car that had already been insured for a number of years, adding he'd never embark on a 'suicide attempt to miss a court date'.

Mehajer's bank accounts have since been frozen, affecting his business, his family, his employees and his investors, the court heard.

'It's an absolute mess,' he said.

'I don't deserve to be here.'

Being incarcerated and having only one phone call a day was making it 'ever so difficult' to turn his fortunes around, he said.

'I am here between four walls and letting everything collapse... this is going to be a catastrophe,' Mehajer said.

The crash (pictured) followed a serious crash in 2012, in which Mr Mehajer lost control of his $300,000 Ferrari 612 Scaglietti and ran over two women

Crown prosecutor Rossi Kotsis said although Mehajer claimed his safety was at risk from outlaw motorcycle gangs, corrections have taken significant steps to protect him.

In refusing bail, magistrate Jacqueline Trad argued Mehajer's points were already well ventilated and he would remain behind bars until his matter was next heard on March 28.

Last month Mehajer was found guilty of assaulting a television reporter when he slammed his car door on her arm and earlier this month he was placed on a good behaviour bond for the April 2017 cabbie attack. 

He also awaits a verdict next month on alleged electoral fraud offences.

Mr Mehajer was reportedly trapped in his car for close to 20 minutes before paramedics pulled him out and took him to hospital in October last year

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