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Lindsay Lohan -- Attempted Retail Robbery Victim!

4/15/2011 9:30 AM PDT BY TMZ STAFF

Lindsay Lohan faces grand theft felony charges for a necklace that we found out was marked up 300%!!!

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TMZ has learned the necklace designer sold Kamofie & Co. the piece for $850 -- that price tag does not qualify for felony grand theft, which requires a value of $950 or more.

Kamofie was trying to sell the necklace to Lindsay for $2,500 bucks.

As we first reported, we're told Lindsay's lawyer, Shawn Holley, will argue the D.A. should only be allowed to charge her client with a misdemeanor because of the value of the necklace.

But even if Holley loses that argument, Kamofie's owner -- who we're told will be testifying at Lindsay's preliminary hearing -- is going to have a PR problem for the mark-up and for selling the surveillance video and shopping a book deal.


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733 COMMENTS

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1.

AyeJay    

Dam Lindsay, they were trying to jack you.

1256 days ago
2.

NDNchief    

That retail price is in line with what other jewelers were quoting when shown pics of the item. No kidding that, that place will have a PR problem. Damn Linds is gonna skate again. Probably.

1256 days ago
3.

TheBrain    

$850 is the wholesale price, the price the jewelry store paid for the necklace. That is not the retail price. Of course the jewelry store is going to mark up the price, how else are they going to make money?? You don't make sense here, TMZ. It's almost like you're making a story out of nothing just so you can have something to post.
Hey, why don't we go back even further and find out how much the designer paid for the gold and diamonds she used to make the necklace? That should bring the "value" of the necklace down even further.

1256 days ago
4.

Kitten    

Tsk tsk tsk Kamofie & Co... Who was trying to rob who?!?
(allegedly)

1256 days ago
5.

Squirtle    

The whole story has a certain amount of stink to it.

And LOL, Owner who started the whole mess is shopping for a book deal? Only in United States of America:)

I believe you know dear LL is gonna get away with it. Celebrity Justice:)

Follow me on Twitter. http://twitter.com/JasminB2

1256 days ago
6.

Me    

Hows does "retail" fit into the picture? She stole what was marked $2,500. It's how businesses make money, with profit. If you think the price is to high, you don't have to steal "oops" I mean buy it.

Think about this defense for a minute. I don't think a shiny Jaguar should be as expensive, should I just steal one and claim the same defense? If everyone did this, there wouldn't be anything to buy, or any stores open.

Little Princess needs to go to jail!!!

1256 days ago
7.

sean    

Harvey - Jason - Evan

How much per hour does a high profile defense attorney cost ??

1256 days ago
8.

Marilyn    

A thief is a thief is a thief...
Big deal!
Triple keystone is a standard markup for the jewelry biz.
Bottom line is that she should NOT have stolen it!

1256 days ago
9.

Lisa    

These Kamofie people are absolute crap. They have effectively torpedoed their image and reputation with this foolishness. It is a DAMN SHAME when someone is so bad, they almost make you feel sorry for Lindsay Lohan...one of the most useless, trifling wastes of spaces ever.

1256 days ago
10.

Marilyn    

P.S.
I thought this is America, a country where it is considered
smart to Buy Low, Sell High!

1256 days ago
11.

james    

how much markup should they have on their merchandise? The markup is totally in line with boutique pricing.

1256 days ago
12.

Lighten    

Wrong TMZ! The store is selling the necklace at market value...of course the store's actual cost is cheaper, that is how business works everywhere. Duh! TMZ what are you thinking?? The issue is the market value of the item. Regardless of the store's PR problem it still absolutely comes down to did Lindsay steal the necklace and the answer is yes because she brought it back to the police station. Not to mention originally she said that the store let her borrow it and then she changed her statement to that she left it on "accidentally." Well which is it, one has to be a lie right? They are both lies. She has lied so much that she has absolutely no credibility. In every situation that she has been blatantly guilty example: (Coccaine in pants)(Flunking drug tests) She says about people who make the allegation (word for word) "They arer crazy." What did she first say about the allegations that she stold the necklace....."They are Crazy" Too many lies Lyndsay, too many. The reality is that she is going to go to Prison for a long time.

1256 days ago
13.

TheBrain    

If Lindsay didn't want to be charged with a felony she should have stolen something cheaper.

1256 days ago
14.

swaogasgo    

TMZ how much to these advertisers pay for space on your web page?........how much does the space cost you?.......I'm sure you sell it at your cost right?........you make no money off of advertising right?.......
anyway anyone who has ever bought jewelry has paid some markup of a sort.............so the store marks it up 300% and give you a 30% discount after you wear them down and beat them with you fantastic negotiation skills...wow you got such a deal..........jewelry is a blind item and the artist sets the base price........rarely the actual value of the metals/stones
there is the design that you pay for........along with the cost of the materials...........so there is no set 'retail price' for these sort of items....even if you bought it from your 'friend who is in the business' he/she made money off you..........period
as far a lohan goes should be to jail hopefully

1256 days ago
15.

Harveys boyfriend    

Click away
my little pretties
1,000 hits of pain
and the theater of life
rears ITS ugly HEAD
again...

1256 days ago
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