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Douchebag Skates

8/18/2008 2:23 PM PDT BY TMZ STAFF

Josh Flagg, the star of "Million Dollar Listing," who preys on dead friends to get listings, will not be prosecuted for allegedly stealing Picasso and Chagall paintings from his clients.

Law enforcement sources tell us the Los Angeles County District Attorney has rejected the felony grand theft case against Flagg on grounds of insufficient evidence. Cops busted Flagg for allegedly stealing wildly expensive paintings from the estates he was handling.

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