Did First Lady Michelle Obama drop $50K on lingerie?

Michelle Obama reportedly dropped some serious money on lingerie, according to a Monday report.

The Telegraph in London reports the first lady went on a $50,000 shopping spree at Agent Provocateur.

The White House denies the claim.

The company's only comment is that it does have some high profile names on its shopping list. Read more.

What do you think? Can you imagine the First Lady dropping this much money on lingerie? Or is this tabloid journalism at its worst?

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