Lindsay Lohan: Headed For Financial RUIN!

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Lindsay Lohan has been writing checks her body can't cash for years.

Soon she may be writing ones her bank account won't clear, as well.

Red Hot Lohan

We have no idea what that means, but her lawyer, business manager and friends are growing increasingly worried about her financial decisions apparently.

Stupid business decisions and recklessly stashing her money in unsafe places will do that, and one of her lawyers, Dave Feldman, cited one notable example.

Discussing Lindsay's recent promotion deal with an energy drink named Mr. Pink, her father Michael Lohan allegedly texted Feldman that she was paid cash.

As in $150,000 cash. In physical bills.

According to MiLo, Lindsay gave the money to her brother Michael Jr. to hold onto for "safe keeping."

He at least put it in a bank account, but Michael (Sr.) expressed fear that their mother, Dina Lohan, would raid the younger Michael's account and take the money.

Dave was outraged that he was not told of the Mr. Pink transaction in order to provide her more financial protection, but this is par for the course these days.

Not only does she do dumb things with money after earning it, but she doesn't even keep her business managers in the loop in the first place ... which makes total sense.

He also says he could've negotiated an even better deal for her in the first place, but Lindsay routine cuts others out of both major and minor financial decisions.

MiLo says she's fallen back off the wagon and needs a conservatorship because she can't handle her affairs -- and based on these texts, he might have a point.

Michael is also a liar and all-around terrible human being. So we gotta ask ...



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