A dose of scepticism indicates a money-making racket may be behind claims of a South African millionaire owning of a fleet of gold-plated luxury cars.Non-mainstream finance websites are claiming that gold supercars spotted in Britain over Easter‚ and even in Cape Town “earlier this month”‚ belong to a trader by the name of Adam Khan.One site even claims he is just 24 and is from South Africa‚ while the other says he is from the UK. The assertion is that he has become super-rich from an automated trading programme on the internet (with a minimum $250 starting amount).The only problem with the claims that Khan owns the fleet is that mainstream media in the UK have already reported that the cars - which include a Mercedes G63‚ a Bentley Flying Spur‚ a Rolls-Royce Phantom Coupe and a Lamborghini‚ all covered in gleaming gold – actually belong to Saudi billionaire Turki Bin Abdullah.Bin Abdullah's Instagram account features an array of photos and videos documenting his luxurious lifestyle.The Telegraph in the UK‚ along with The Sun and Daily Mail‚ reported‚ that he is often pictured with the gold fleet of cars - which he is said to fly around the world at great expense.In one of his social media videos‚ he is seen chasing a camel down a steep desert slope in his six-wheel Mercedes G63. Another clip shows him filming himself as he drives his £350000 Lamborghini Aventador SV in west London‚ followed by friends in another of his golden vehicles‚ the Telegraph said. One photo posted on the social network even shows a cheetah strapped into driving seat of his Mercedes jeep.However‚ two websites‚ with two different authors – James Kelly and Sean Brown - have published almost identical articles claiming the cars actually belong to Khan‚ who is identified as an “binary options trader” working from home.The sites (Global Finance) and Trade Easy Club: “After some confusion that it could have been a Saudi prince or oil tycoon the owner was finally found on instagram and revealed to be binary options trader Adam Khan. Khan is a new wave of millionaires from the lucrative binary options industry. He is perhaps one of the more flashy types‚ with most binary options traders preferring to keep a low profile. Some though‚ can’t help to show off their extreme riches and this may be the most extreme example we have seen to date.”ScreengrabThe reports add: “Now that it has been revealed this is not ‘yet another rich kid’ speeding around London with daddy’s wealth‚ there has been keen interest in how this self made millionaire earned such massive income from online trading”‚ before going on to explain how – and where - punters can sign up.The sites state that binary options work like this: “There are only 2 possible outcomes‚ win or lose. You decide whether the price of a stock like Amazon or Facebook will go up or down. Once the trade is placed‚ you wait as little as 60 seconds. If you were right and the stock went up (or down if that’s what you chose) then you win‚ doubling your money immediately. However‚ if you were wrong‚ you lose and you also lose your stake.”If the idea of losing all your money does not put you off‚ the message tries to entice punters with the promise of great wealth‚ easily made.The sites state: “So‚ the question is‚ how do some guys manage to ‘beat the system’ every time‚ winning way more trades than they lose and earning millions in just a few weeks from a very small initial stake. We spoke to… a firm (that) manages the fortunes of lottery winners‚ premier league footballers and popstars who came into a lot of money‚ very quickly… It’s remarkable‚ young men and women without degrees‚ experience or any financial knowledge are cleaning up and earning millions.”The globalfinance website‚ sharing a photo of the luxury cars and even of Khan allegedly posing with his gold watches on Instagram after “a successful day of trading”‚ claims: “The flamboyant trader has enjoyed an unending winning streak with Binary Options trading. Industry insiders reveal that Khan has no special method‚ he is one of thousands of traders winning on automatic trading software that anyone could use.”If you know the old saying – “if it sounds too good to be true…” – alarm bells should be ringing. – TMG Digital..