Lindsay Lohan destroys $1,750 gown - KiiiTV3.com South Texas, Corpus Christi, Coastal Bend

Courtesy NBC News

You may recall Lindsay Lohan's sparkling Theia gown from the recent amfAR gala in New York, a shimmering nude and silver bugle-beaded fringe gown from the spring 2011 collection valued at $1,750 that turned heads all night long at the charity event.

Now take a peek at the current condition of the dress, which was on loan to Lohan, and drastically altered -- for the worse. 

To date, we have confirmation that the dress still hasn't been returned to the label, and it appears as though the star took a pair of scissors to the delicate fabrication and created a messy haphazard minidress of her own.

A rep from Theia tells us, "The dress was loaned in good faith to Phillip Bloch, Lindsay Lohan's stylist. We were informed by Mr. Bloch's assistant that the dress was damaged during the course of the evening. The dress has not been returned, and it wasn't until we saw the photos in the media that we became aware of the actual condition of the gown." 

Oops. LiLo, you should know better! Sure, plenty of stars borrow beautiful dresses, but seldom do we see shredded evidence of a DIY project gone wrong. 

We reached out to Bloch for further explanation.

"What we hear happened was the dress ripped when she was out and then she decided to cut it into a mullet minidress. It took days to get the dress back. Dress has been returned to us and it is being handled since the designer now does not want the torn dress back," he tells E! News. "I love Lindsay and I would work with her again, but you just have to stick to some rules. The magic of Lindsay is she picked the dress out of 40 dresses and she looks great in everything. No alterations were needed. That said, I work in this industry and was embarrassed because it is someone else's property and I don't want to ruin relationships, but it is being handled." 

Lesson learned -- at least we hope so!