Insider says Drew Peterson could make bond

JOLIET, Ill., May 13 (UPI) -- An Illinois man accused of killing his third wife and suspected in the disappearance of his fourth has the money to make bail, an insider says.

Ernie Raines, the father of Drew Peterson's live-in fiancee, says his daughter, Chrissy, told him Peterson has enough money to cover a $20 million bond, the Joliet Herald-News reported Wednesday.

Peterson's lawyer has complained the bond set in the first-degree murder case against his client is way out of line and will seek to get it dropped to something more affordable.

But Raines says Peterson has plenty of money, which he was using as bait to keep Chrissy Raines in his home.

Peterson is accused of killing his third wife, Kathleen Savio. His fourth wife, Stacy, has been missing since October 2007.

He is due back in court on Monday.