Friday, January 25, 2008

Lindsay Lohan to write an autobiography to raise some cash

Lindsay LohanTroubled actress Lindsay Lohan is set to write a tell-all autobiography in a desperate bid to raise some cash.

The 21-year-old 'Mean Girls' star - who is rumored to be in deep financial crisis after squandering her $7 million fortune on drugs, alcohol and rehab - has begun penning her memoirs in the hope it will become a bestseller.

A source said: "She regrets all the cash she threw around the last couple years. She needs everything to fall into place and get her back on track, and fast."

It was recently claimed that Lindsay is so strapped for cash - she has been asking friends for loans.

A source said: "Lindsay has been openly asking her friends for handouts. She has nothing to spend."

Lindsay's extravagant spending spree reportedly included $1 million on just one hotel bill.

She has also spent more than $137,000 on three separate stints in rehab battling her drug and alcohol addictions, and thousands more in legal fees for her DUI charge.

Lindsay is also thought to have blown more than $1 million on clothes and $500,000 on partying, with another $70,000 spent in tanning and hair salons.

She has been forced her to sell her $2.85 million Los Angeles apartment and her $1 million New York property because she couldn't afford the mortgage payments.

By Owen Williams, Jan 25 2008 © Copyright 2008 - Showbiz Spy

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