Lindsay Lohan Charged With Felony Grand Theft; Bail Set At $20k; Will Appear In Court Today

May 28 2018, Updated 10:16 a.m. ET
It's official: Lindsay Lohan has been charged with felony grand theft for allegedly stealing a $2,500 necklace from a jewelry store in Venice Beach, California, Breaking Celebrity News has learned.
LEGAL DOCUMENT: Read The Felony Complaint Against Lindsay
The Los Angeles County District Attorney's Office formally announced the charges Wednesday morning. The Mean Girls star, 24, has been ordered to appear at a hearing at Airport Court in Los Angeles at 1:30 p.m. PT Wednesday. Her bail has been set at $20,000.
According to sources, here's what to expect during the hearing: "Lindsay's probation will be revoked... immediately," one insider told us. "She will be formally arraigned on the single charge, and at that time she will be expected to enter a plea of either not guilty or guilty.
Another source tells us the troubled actress is expected to plead not guilty during the hearing and "feels that she is being maligned, and that she has a reasonable defense: She was loaned the necklace, plain and simple."
"Lindsay will be remanded into custody, again, and her bail bondsman will be there to get her out," one source said.
During the hearing, the judge could also order her t