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Lindsay Lohan: Bad Jewelry = Good Defense to Felony | TMZ.com: "Lindsay Lohan's bad taste in jewelry could be the key to her defense, because according to TMZ's research, the necklace in question may not have enough value to constitute felony grand theft.
In order to charge a defendant with a felony, the item in question must have a fair market value of more than $950.
Kamofie & Company was selling the necklace for $2,500. But we checked with three prominent jewelers in L.A., and they claim the price tag is grossly inflated."