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Friday
Apr222011

Lindsay Lohan Back in Court on Necklace Charge

Stephen Dunn/Getty Images (file)(LOS ANGELES) -- The necklace Lindsay Lohan is accused of stealing from a Venice, Calif. jewelry store actually cost the retailer far less than its $2,500 price tag.

In court Friday, Sofia Kaman, the owner of Kamofie and Co., revealed she paid $850 for the necklace.

Testifying at a preliminary hearing to determine if there's enough evidence to put Lohan on trial for felony theft, Kaman said the necklace Lohan allegedly walked out of Kamofie and Co. wearing on Jan. 22 was on consignment from its manufacturer. Kaman has since paid $850 for it.

Asked by prosecutor Danette Meyers why the necklace was marked up to $2,500, Kaman said it's common to mark up jewelry two to three times what the manufacturer charges.

The value of the necklace is important, because if it is less than $1,000, the charge against Lohan could be reduced to a misdemeanor.

Lohan arrived for the 10 a.m. hearing at Los Angeles Superior Court with a tight black top, wide-legged blue pants, a cream scarf and her hair pulled up. She was accompanied by her lawyer, Shawn Chapman Holley. Lohan's estranged father, Michael Lohan, arrived before her, shortly after 9 a.m. 

The 24-year-old actress, who had turned down an earlier plea deal on the matter, had sought to get the Good Friday hearing pushed back, citing religious beliefs. The judge was apparently not persuaded by Lohan's attempt to put off the hearing.

Lohan has denied any wrongdoing. She has maintained that the store let her borrow the necklace and her assistant returned it to police. She was arraigned in February on one felony grand theft charge, and if convicted, she could be sent to California state prison for up to three years. 

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