He said the accused couldn't "put milk bottles out without having a heart attack".
"He has heart failure and serious diabetes. He's grossly obese and has black legs from bad circulation.
"He's not going anywhere ... he's going to be bloody useless in custody with those medical conditions."
The man faces one charge of using a document for pecuniary advantage, eight charges of obtaining by deception and one of being a manager or director of a company while prohibited.
Police prosecutor Sergeant Brendon Bland said police believed the man could still be offending while he remained at large and they opposed bail for that reason.
Mr Bland said police wanted written proof from Waikato Hospital and not just the accused's word that he was in hospital, after he failed to appear in court in April and May for the same reason.
Community magistrate Jack Best said it was an unusual situation but he would excuse the man and make a file note that if he did not attend court next week, police would get a warrant to arrest him.
He asked Mr Meyrick to guarantee his client would appear on Thursday but Mr Meyrick said that although he would stress the importance of it, he could not assure the court the accused would turn up.