A wild rumor hit town that Lohan and the bloodthirsty crown prince of Saudi Arabia have gotten close, and that he's been flying her around in his jets and showering her with presents — including a gift-wrapped credit card. And when we started asking around, a source in her inner circle acknowledged that they "know each other."

Now a rep for Lohan tells us that the pair met just once — around a year ago at a Formula One Grand Prix race. The rep also denied that bin Salman — who has been accused of ordering the 2018 murder of journalist Jamal Khashoggi — gave Lohan a credit card.

Either way, pals of Lohan — who even say they've seen text exchanges between the pair — are boasting about what they claim is a new friendship. The rep called those claims "lies."