lohancharged2911.jpg It's official -- Lindsay Lohan has been charged with felony grand theft, as the case has just been filed.

Lohan is being arraigned at 1:30pm today at the Airport Courthouse in Los Angeles, and she's being charged for allegedly stealing a $2,500 necklace from the Kamofie & Company jewelry store in Venice.

If she's convicted, Lohan faces a maximum sentence of one year in California state prison.

BE SURE TO CHECK X17ONLINE.COM FOR UPDATES ON LINDSAY LOHAN -- WE'LL BE STREAMING LIVE FROM THE COURTHOUSE STARTING AT 1:30PM PST, BRINGING YOU THE LATEST INFORMATION AS SOON AS WE GET IT!