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Surveillance Video Of Lindsay Lohan in Jewelry Store to be Released

A company has purchased surveillance footage of Lindsay Lohan in the Venice, Calif., jewelry store that alleges she stole a necklace — and plans to release it. The website www.necklacevideo.com, created by a Beverly Hills, Calif., software concern called the Spencer Co., says it will stream clips of the video.

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Robyn Ross

A company has purchased surveillance footage of Lindsay Lohan in the Venice, Calif., jewelry store that alleges she stole a necklace — and plans to release it.

The website www.necklacevideo.com, created by a Beverly Hills, Calif., software concern called the Spencer Co., says it will stream clips of the video.

"Speculation as to what occurred that day has been the subject of intense rumor in the media and elsewhere," the website says. "Many individuals want to be able to see the video streams from the jewelry store's surveillance camera and we have obtained the exclusive license for them. The tapes speak for themselves."

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Cristopher Spencer, the Spencer Co. president, told ABC News: "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."

According to RadarOnline.com, the jewelry store Kamofie & Co. sold the video footage to various outlets and made more than $35,000.

Entertainment Tonighthas already posted stills from the footage, showing Lohan trying on jewelry on the date in question, Jan. 21, 2011. ET plans to air the footage Monday.

Lohan was formally charged with felony grand theft on Feb. 9. Two weeks later, Los Angeles Superior Court Judge Keith Schwartz said he will sentence her to jail if she pleads guilty or no contest. The 24-year-old actress is scheduled to return to court Thursday.