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California Murder Suspect Released After Posting $70 Million In Bail

California Murder Suspect Released After Posting $70 Million In Bail

By Ryan Velez

Spending nearly a year in jail after being accused of murder and conspiring with two other suspects to kill her ex-boyfriend, Keith Green, 31-year old Tiffany Li is a free woman after raising nearly $70 million to post her bail, which was set at $35 million, according to Celebrity Net Worth.

How was Li able to put together so much money for bail? Helping out were about 20 friends, family, and business associates, who offered $4 million in cash and $62 million in properties as collateral. The reason why the final expense was so high was because real estate serving as part of the collateral means that she needed to post twice the remaining $31 million on her bail.

This marks the highest bail ever posted in San Mateo County, an area known for its wealth. Li’s lawyer, Geoffrey Carr, was impressed by the support for his client. “I was surprised at the number of people that came forward,” Carr said. “She is well-liked in the community and is a straight shooter. I think people believe she is not guilty.”

While out of jail, Li must wear an ankle bracelet, submit to house arrest, surrender the passports of her and her children, and stay 100 yards away from any airport. While the property manager/former stockbroker is a native of China with U.S. citizenship, her family ties explain the money that she was able to put together. Prosecutors believe her family wealth is in the range of $100 million to $150 million, explaining the high bail. Prosecutors initially requested that bail be denied entirely, then be set at $100 million before being lowered to $35 million.

Li is alleged of coming up with a plot to kill Green along with boyfriend Kaveh Bayat because she was afraid of losing a custody battle with him. The couple would hire another man, Oliver Adella, to dispose of his body. Green would meet with Li at a restaurant on April 28, 2016, but never returned home and was reported missing. His body would be found 90 miles away from the restaurant, shot to death. Li, Bayat, and Adella would be arrested a week later on suspicion of murder.

Source

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