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Boat in flames on Taylor Swift's Rhode Island beach

Police in Rhode Island have launched an arson investigation after vandals set fire to an abandoned boat that ran aground on Taylor Swift's private beach.

The cruiser, worth an estimated $150,000 , washed ashore in July (15) and was never reclaimed by the owner, making it the pop star's property under state law.

Local youths even spray painted 'Property of Taylor Swift' on the side of the boat - and now it has gone up in smoke, according to TMZ.com.

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