Hillsborough woman accused of killing father of her kids out on bail

HILLSBOROUGH, Calif. -- A Hillsborough woman accused of killing the father of her two children was released from jail Thursday after posting an unprecedented $35 million bail raised by friends, family and business associates with ties to China.

Tiffany Li, 31, is backed by a group that raised $4 million cash and pledged $62 million in San Francisco Bay Area property. California courts require twice the bail amount if property is used instead of cash. She must remain on round-the-clock electronic monitoring.

TIMELINE: Keith Green's murder case

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

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

The $35 million bail is the highest ever in San Mateo County's history, a county official said.

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. Prosecutors say she feared losing custody of her young children to Green.

A friend of the murder victim said Thursday that she was disappointed and shocked that Li was able to pay for her freedom.

RELATED: Hillsborough murder suspect 8th highest bail in U.S. state court history

"Nothing about this seems right," said Angela Dunn, who said Green stayed at her house for six months after he and Li split. "It's very difficult for all of us, especially Keith's mom."

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.

"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."

Li's murder trial is set for September. She will be required to turn over her passports, wear an electronic monitor and remain under house arrest.

RELATED: California's bail reform bill clears first hurdle

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

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 kilometers) south of San Francisco. The two men were also arrested in May and remained jailed without bail. Carr says their lawyers didn't ask for bail because they don't have the resources to post a multimillion-dollar bail bond like Li did.

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

Click here for full coverage on the investigation into the death of Millbrae father Keith Green.