Lindsay Lohan Jewelry Store Surveillance Footage Sold
Jewelry store reportedly made more than $35,000 from video of alleged theft.
March 6, 2011— -- A web site created by a Beverly Hills, Calif., software company claimed to have "exclusive license" to the surveillance tape of Lindsay Lohan in the Venice Beach jewelry store where she allegedly stole a $2,500 necklace.
On the web site, necklacevideo.com, is a statement that it will stream segments of the video, though no date or time is given.
"Speculation as to what occurred that day has been the subject of intense rumor in the media and elsewhere," a statement on the Web site said. "Many individuals want to be able to see the video streams from the jewelry store's surveillance cameras, and we have obtained the exclusive license for them.
"The tapes speak for themselves," said the statement on the site, which was credited to The Spencer Company, a Beverly Hills, Calif., software company.
Cristopher Spencer, the president of The Spencer Company and a spokesperson for the jewelry store, Kamofie & Company, said the company decided to release the tape due to media interest and concerns that the media was mischaracterizing its contents.
"The bottom line is we felt there was far too much speculation about the video recording, and that it was right for the public to be able to see the video itself," Spencer said in a statement released to ABCNews.com.
The celebrity web site RadarOnline.com reported today that Kamofie & Co. sold the surveillance video footage of the incident, and made more than $35,000 on the sale to different oulets.
"The jewelry store wanted a bidding war to maximize profits," RadarOnline quotes a source as saying. "They chopped up the sale to different outlets to make as much money as possible."
"Entertainment Tonight" obtained stills taken from the video, which shows Lohan in a black top trying on jewelry, with a video timestamp of Jan. 21, 2011.
The celebrity news show said it will air footage of the actress' shopping trip on Monday.
The Los Angeles District Attorney's Office formally charged Lohan with felony grand theft on Feb. 9. If convicted, Lohan could go to California state prison for up to three years.
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