Is Jennifer Lopez a Jewel Thief?

Well even celebs do what they gotta do to keep the funds rolling in. Or so it would seem.

Apparently Jennifer Lopez has kept a firm grip on $US50,000 worth of diamonds she borrowed from Swiss billionaire, Robert Mouawad, to wear to the launch of Andrea Lieberman’s fashion line ALC at Barneys. Other stars who attended the event including Gwen Stefani and Ellen Pompeo also borrowed jewellery but managed to return theirs.

J Lo was the only one diva enough to hang onto hers.

Mouawad’s people received a call from J Lo’s manager informing them Ms Lopez intended on keeping the jewellery. “As far as Mr Mouawad is concerned, Jennifer can have whatever she wants, but a premature demand seemed presumptuous. He will lose no sleep over $US50,000, and frankly, Jennifer’s endorsement is priceless.”

Naturally Jennifer’s manager insisted she was given the jewellery for hosting the event but we’re not going to fall for that one.

Come on. Let’s face it, J Lo isn’t the same bankable star she once was. In fact, does she even have any projects lined up? To say her endorsement is “priceless” is probably a bit of a stretch to say the least.

But we are in the midst of a global economic crisis and even stars are looking for innovative ways to bring in the moola.

It’s important for J Lo to get her paws on anything valuable, she’s got the twins to think of and who knows in these dark financial times when her next project will arrive.