Last week, a number of media outlets published a report about Ulugbek Maksumov, a native of the Fergana region (the city of Margilan), who became a millionaire in Dubai and plans to build a plant for the production of armored vehicles in his homeland.

The Uzmetronom.com website clarified: “In fact, he is a fraudster, convicted by the Fergana City Court in 2007. At that time, fearing to be arrested on other charges, he fled to Dubai. In the UAE, having gained the trust of wealthy people from the former USSR, he simply “cheated” them out of money.” …The production of armored vehicles is also the result of fraud. At one time, people from Russia founded the INKAS company in Canada to produce armored vehicles. Having undertaken the obligation to present their products at the IDEX arms exhibition in the UAE, after the exhibition U. Maksumov, having forged documents, hired cheap labor from India and began to make homemade copies of armored vehicles on the spot. The INKAS head office in Canada is ready to confirm information about the fraudulent scheme used by a person from the Fergana Valley of Uzbekistan at any time.

The geographical location of Dubai contributed to the fact that the homemade armored vehicles found demand among ISIS terrorists and other similar groups operating in Syria and Iraq. Ulugbek Maksumov himself indirectly confirms this, saying that American and Russian manufacturers of such equipment require a whole package of documents from a potential buyer, while he only needs one.

"It seems that this person, taking advantage of the political and economic reforms in Uzbekistan, is trying to enter this country by any means. He is currently banned from leaving the country, and at the request of the United States, he will be arrested for aiding ISIS when crossing the borders of the UAE. Maybe that is why he is trying to legalize himself through Uzbekistan," the website’s message says.

Recall that it was previously reported that 38-year-old mechanical engineer Ulugbek Maksumov, who currently lives in the United Arab Emirates, plans to build a plant in Uzbekistan to produce armored vehicles.

According to the businessman, he developed this desire after the decision and statements of President Shavkat Mirziyoyev “on creating favorable conditions” for investors wishing to invest their capital in the economy of Uzbekistan.