Homicide

California murder suspect posts unprecedented $35M bail after friends, family help out

Tiffany Li pleaded not guilty to murder and directing her boyfriend and another man to kill Keith Green and dispose of his body.

Tiffany Li pleaded not guilty to murder and directing her boyfriend and another man to kill Keith Green and dispose of his body.

A California woman accused of killing the father of her two children was being processed for release from jail Thursday after she posted an unprecedented $35 million bail raised by wealthy friends, family and business associates with ties to China.

Tiffany Li pleaded not guilty to murder and directing her boyfriend and another man to kill Keith Green and dispose of his body. Prosecutors say she feared losing custody of her children.

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Li was rushed out of jail with a bodyguard, wearing a baseball hat and a hood pulled tight around her head. She declined to comment to reporters and was whisked away in a black Cadillac Escalade SUV.

Her lawyer declined to say where Li would live until her September trial, but says she will not return to the suburban San Francisco mansion where she lived and was arrested 10 months ago. She was ordered to live under house arrest and wear an electronic monitoring bracelet.

Li was arrested in May in Hillsborough, a wealthy suburb 20 miles south of San Francisco. She was reportedly arrested in May in her mansion that featured a fleet of exotic cars including a Rolls-Royce and Ferrari.

Her family put up $4 million in cash and -- with the help of friends -- about $70 million in properties, Fox 2 reported, noting that the law requires the equity of the homes to be twice the bail.

“I was surprised at the number of people that came forward,” her attorney said. “She is well-liked in the community and is a straight shooter. I think people believe she is not guilty.”

California requires twice the bail amount if property is used instead of cash. She must remain on house arrest and submit to round-the-clock electronic monitoring until her September trial if she's released Thursday.

“Somebody told me it’s one of the largest bails to be posted in the United States,” District Attorney Steve Wagstaffe told The Mercury News. “I have to imagine it’s one of the larger ones. Certainly for San Mateo County it’s without precedent.”

Click for more from Fox 2.

The Associated Press contributed to this report.