Prosecutors have charged Lindsay Lohan with felony grand theft over the theft of a $2,500 necklace.

The 24-year-old actress was charged Wednesday and is due to be arraigned later in the day.

Lohan's attorney, Shawn Chapman Holley, has denied the necklace was stolen.

Prosecutors are asking that bail be set at $20,000.

The charge is the latest legal problem for the starlet, who remains on probation for a 2007 drunken driving case.

Police began investigating Lohan for the theft after a store in the beachside community of Venice reported it missing on Jan. 22.