Post by Logan on Apr 8, 2017 0:38:26 GMT -6
A Chinese real estate scion charged with orchestrating the murder of her children's father was released from a San Francisco Bay Area jail Thursday after posting $35 million bail, a highly unusual financial transaction that startled and angered the victim's family and friends.
Tiffany Li will remain out of custody after family, friends and her mother's business associates raised $4 million cash and pledged Bay Area properties worth a combined $62 million to post her bail. Courts require double the bail amount when property is pledged instead of cash.
"Nothing about this seems right," said Angela Dunn, a close friend of the victim who shared her home with him in the six months before his death. Dunn said the victim's mother is taking Li's release especially hard.
Court records show 15 properties being pledged. Li's attorney Carr said the properties are owned by family and business associates of Li's mother, who spends most of her time in China where she profited from real estate investments.
Read more: abcnews.go.com/International/wireStory/murder-suspect-raises-unprecedented-35m-bail-friends-46615868
Tiffany Li will remain out of custody after family, friends and her mother's business associates raised $4 million cash and pledged Bay Area properties worth a combined $62 million to post her bail. Courts require double the bail amount when property is pledged instead of cash.
"Nothing about this seems right," said Angela Dunn, a close friend of the victim who shared her home with him in the six months before his death. Dunn said the victim's mother is taking Li's release especially hard.
Court records show 15 properties being pledged. Li's attorney Carr said the properties are owned by family and business associates of Li's mother, who spends most of her time in China where she profited from real estate investments.
Read more: abcnews.go.com/International/wireStory/murder-suspect-raises-unprecedented-35m-bail-friends-46615868