Wealthy California murder suspect Tiffany Li raises unprecedented $35M bail, expected to be released

Li will be required to turn over her passports, wear an electronic monitor and remain under house arrest. Carr said he expects Tiffany Li to be freed Thursday pending her murder trial in September.

San Mateo District Attorney Steve Wagstaffe said he’s concerned Li is a flight risk and is disappointed the judge didn’t set the bail even higher. His office asked for a $100 million bail.

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A California woman accused of killing the father of her two children is expected to be released from jail Thursday after posting an unprecedented $35 million bail raised by wealthy friends, family and business associates with ties to China.

With the help of wealthy family and friends in China, Li, a Northern California mother of two accused of killing the father of her two children, is posting $35 million in bail for her release from jail pending trial. In this undated photo provided by the San Mateo County Sheriff’s Office is Tiffany Li. (San Mateo County Sheriff’s Office via AP)

Carr said all defendants except those accused of death penalty-eligible crimes are entitled to “reasonable bail.”

California courts require twice the bail amount if property is used instead of cash. Tiffany Li, 31, is backed by a consortium of people tied to her mother who have raised $4 million cash and pledged $61 million in San Francisco Bay Area property.

SAN FRANCISCO – 

If she does go on the lam, the court can confiscate the property and cash. Carr says the people who posted Li’s bail believe she is innocent and will not flee.

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Green’s body was found May 11 in Sonoma County, about 80 miles (128 kilometres) north of where he was supposed to meet Li.

Prosecutors say she feared losing custody of her young children to Green. Li has pleaded not guilty to charges she directed her boyfriend and another man to kill Keith Green, 27, and dispose of his body last year.

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The $35 million bail is the highest ever in San Mateo County’s history, a county official said.
“If convicted she faces the rest of her life in prison,” Wagstaffe said. “That’s plenty enough incentive to flee back to her native China.”

Carr says their lawyers didn’t ask for bail because they don’t have the resources to post a multi-million dollar bail bond like Li did. Li was arrested several days later in the multimillion-dollar home she shared with her children in Hillsborough, a suburb of mansions and large houses 20 miles (32 kilometres) south of San Francisco. The two men were also arrested in May and remained jailed without bail.

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Carr says Li and her mother are naturalized U.S. citizens. Li’s attorney Geoff Carr says Li and her mother were born in China, where the mother was financially successful in the construction industry.