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Lindsay Lohan is reportedly drowning in red ink.

Just a few weeks after she was deemed “broke,” the actress is now said to be over half a million dollars in debt.

“Lindsay owes credit cards $600,000,” a source told RadarOnline. “One card cut her off last week and it’s only a matter of time before all her other credit cards cut her off too.”

LiLo’s alleged hard partying and on-and-off acting career are reportedly to blame for her lack of income. Her last film, “Labor Pains,” had one run on television before going straight to DVD.

Though she used to make a fair amount of money by doing club appearances, Radar reports that the 23-year-old hasn’t been receiving nearly as many invitations as she used to and is only being offered a reduced rate of $5,000 to $10,000.

“One credit card company is going to discuss a payment plan for Lindsay,” the source said. “But if she doesn’t have the income and can’t make her payments, they are prepared to sue her.”

Lohan’s financial woes recently made headlines when TMZ reported that she was two months behind on her rent.

Her landlord sent her a legal notice notifying her that she must pay her late rent, or else move out. As a result, Lohan reportedly paid the $23,000 she owed in order to avoid being homeless.

 


Sharon Osbourne says she’s having her breast implants removed this summer and will give them to her husband, rocker Ozzy Osbourne, as a paperweight.

The 57-year-old reality TV star says the implants will be better on Ozzy’s desk “than on my chest cause they’re awful.” She confirmed reports of her plans to do so during an appearance Monday on the “Today” show.

Osbourne is competing on NBC’s “The Celebrity Apprentice.” She says the show is the hardest thing she’s ever done in her career, but also the best.

Says Osbourne: “It’s constant mental pressure, and you’ve got such a short time to do each challenge. … It’s really tough.”

 


Jewelry purchases are reportedly what got Larry King in hot water with his wife.

Shawn is not so furious about his alleged fooling around with her sister as she is furious about the gifts that Larry allegedly bought the sister, according to Janetcharltonshollywood.

A few years ago King went to Barneys, where he often shopped with his wife, and he bought a $10,000 diamond necklace, telling the salesperson “Don’t tell my wife,” according to the website.

The clerk apparently assumed that he wanted to surprise Shawn.

But the surprise came a few weeks later when Shawn’s sister Shannon returned the necklace for store credit and shopped upstairs in the designer department for jewelry that she really wanted, the website says.

Shawn reportedly happened to see the purchase on the charge bill and realized the big-ticket jewelry hadn’t been for her.

 


A new reality show is in the works that would be hosted by Jesse James‘ and Tiger Woods‘ alleged mistresses.

According to TMZ, Michelle “Bombshell” McGee and Jamie Jungers would talk about celebrities who cheat on their loved ones.

Jesse James’ alleged mistress #1 and one of the dozen alleged mistresses of Tiger Woods would front a show called “Celebrity Cheaters,” which is currently being shopped around town. The show was created by Bobby Goldstein, who created the original “Cheaters” and would, according to the pitch, try and “catch celebrity cheaters with their pants down,” TMZ says.

McGee once applied to be on “Cheaters” to try to trap an ex, a source told TMZ. She was denied.

The show hasn’t found a home yet — but Goldstein says McGee and Jungers have both agreed to do it, though nothing has been signed yet.

— The Associated Press also contributed to this report

lsmith@denverpost.com

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