Lindsay Lohan: Prime Suspect in New Burglary Case!

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Lindsay Lohan is back in surprisingly familiar territory as the prime suspect in a criminal investigation ... oh how we only wish we were kidding.

The troubled star is formally a suspect in the theft of $100,000 worth of watches and sunglasses from an L.A. home this month, TMZ reports.

LiLo was recently at the Hollywood Hills home of Sam Magid, who called the LAPD and reported a jewelry theft the night after an all-night party.

Cute Lindsay Pic

The 26-year-old star has been at the house frequently, including at the all-night house party a week ago Sunday when Magid reported the crime.

Lindsay and her assistant Gavin Doyle are both suspects in the theft, with earlier reports suggesting that Lohan may have invited the robbers in.

Now it appears she's being fingered as the crook herself.

There's an odd twist, though, in that Magid has since recanted his story and now says nothing was stolen. Police aren't closing the investigation, however.

Officials believe independent witnesses can corroborate their belief that Lindsay and Gavin are the thieves and bring charges even without Magid.

It's not clear why the wealthy Magid would change his story.

LAPD detectives contacted lawyers for Lindsay Lohan and Gavin Doyle today, asking for an interview with the two suspects; the request was denied.

Lindsay, of course, is already on probation for a similar offense - her alleged jewelry heist from a store last year. An arrest here would look very, very bad.

[Photo: WENN.com]

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"The 26-year-old crackhead" Fixed that for ya, HG. You're welcome.