Whopping $35 Million Bail Posted by Hillsborough Mom Accused of Murder

BAY AREA, CA – A woman accused of arranging the murder of her ex-boyfriend last year posted a record-high $35 million bail Wednesday, according to San Mateo County prosecutors who asked for much more at one point. It's the highest known bail amount in county history and one of the highest anywhere.

"We asked for $100 million," District Attorney Steve Wagstaffe said of the bail for Tiffany Li, 31, who is expected to be released sometime Wednesday. As of 1:15 p.m., online booking records indicated she remained in custody.

Wagstaffe said Li's bail amount includes $4 million in cash and a $31 million property bond. Under California law, the equity in the property bond has to be worth double that amount, so it consisted of $62 million in real estate, comprised of 18 to 20 properties, Wagstaffe said.

There were four conditions that had to be met in order for Li to be eligible for bail:

1. She was to surrender to law enforcement all passports
2. She will be under house arrest and on electronic home monitoring
3. She cannot be in possession of any passport for her children
4. She is prohibited from being within 100 yards of any airport.

Li comes from a wealthy Chinese family, and it's unclear how much money she has access to, according to Wagstaffe.

"How much they have total we can't gauge, but we know it's certainly $100 million or hundreds of millions," Wagstaffe said. "We know it's in the nine-figure category at least."

Li and co-defendants Olivier Adella, 41, and 30-year-old Kaveh Bayat are accused of fatally shooting Keith Green, who was found dead off the side of a Sonoma County road on May 11, 2016. He had gone missing on April 28 after going to meet Li at the Millbrae Pancake House.

Officials immediately pegged the disappearance as suspicious, as Green left his wallet, car and other belongings behind. His phone was later found at San Francisco's Golden Gate Park by a hiker, according to sheriff's Det. Sal Zuno.

On May 11, a Sonoma County sheriff's deputy found a decomposing body near a homeless encampment between Healdsburg and Geyserville. The body was soon identified as that of Green, and an autopsy ruled his death a homicide, Zuno said.

Prosecutors said Li had two children with the victim and was afraid of losing a custody battle so she arranged to have her boyfriend, Bayat, kill Green and to have Adella dispose of the body.

Adella and Bayat are in custody on no bail status. Li is the only defendant to file a motion for bail, which prosecutors opposed, according to Wagstaffe.

When the judge decided to grant bail, prosecutors requested $100 million, but the judge went much lower over their objection, Wagstaffe said.

Under the terms of her release, Li will be required to stay at her home.

"If she leaves that house, it will be known," Wagstaffe said.

Li's defense attorney Geoff Carr said he's never had a client jump bail in 37 years.

"I don't think Ms. Li is anymore of a flight risk than a lot of other people," Carr said.

"The DA has taken the position that it's more likely she's going to flee because she has money," but that belief is not supported by the evidence, Carr said.

Li is expected back in court for a pre-trial conference in September, Carr said.

--Bay City News contributed to this post/Images via San Mateo County of the three suspects, left to right are: Tiffany Li, 30, of Hillsborough; Kaveh Bayat, 29, of Hillsborough; Oliver Adella, 40, of Burlingame