Never Loan To LiLo! Lindsay Lohan Destroys Borrowed $1,750 amfAR Designer Gown

There’s a reason most designers refuse to loan Lindsay Lohan clothes!

The troubled starlet, who managed to score a nearly $2,000 Theia Couture gown for a February 6 amfAR gala in New York City with the help of Charlie Sheen and stylist Phillip Bloch, recently returned the borrowed floor-sweeping fashion completely destroyed and shredded into what looks like a tank top – and RadarOnline.com has the details.

Lohan, who graced the red carpet of the swanky soiree in the stunning gown that Bloch borrowed for her, after receiving a call from Sheen asking him to help the financially troubled 26-year-old, reportedly took matters into her own hands after she claims that the dress ripped.

"She said that the dress had ripped at a club after the fundraiser - she couldn't possibly wear it like that - so her stylist friend went to the club bouncer and requested some scissors to repair the torn part of the dress," a source dished to Us Weekly. "But what bouncer has scissors?"

Instead of finding a safety pin, the source claims that Lohan, chopped it up into her own design.

"She turned it into a mullet! Only a fashiony person would do that! " the source continues. "She's out of control and behaving really badly."

The Daily Mail reached out to the designer’s representative, who informed them that two weeks after the event, the gown has still not been returned to them.

“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 spokesman said.

“The dress has not been returned, and it wasn’t until we saw the photos on in the media, that we became aware of the actual condition of the gown. Further action has yet to be determined.”

After her bank accounts were frozen by the IRS and it was revealed that she owed her fired attorney Shawn Holley a whopping $300,000, Lohan was forced to move in with her mother Dina, who was recently presented with foreclosure documents on her Long Island mansion.