We love love love Emma Watson as a bad girl!

The new trailer for The Bling Ring has hit the web, and the film is based on the group of Los Angeles teens who robbed the homes of celebrities like Paris Hilton, Lindsay Lohan and Miranda Kerr in 2008 and 2009.

Kirsten Dunst and Paris make cameos on the film, and this clip shows Emma and her pals raiding the heiress' closet and later getting busted by authorities after they got a little too cocky.

Sofia Coppola's latest flick will debut at the Cannes Film Festival in May.