In Limassol, a fleet of cars valued at 1 million euros and owned by Pin-Up founder Dmitry Punin was deliberately set ablaze. Authorities are looking into a potential connection to the killing of Cypriot gangster Demosthenous
Four high-end vehicles were completely destroyed in a blaze at a private parking area, with the total damage estimated at approximately €1 million. Authorities are investigating the case as a possible arson.
Security cameras recorded an unidentified individual dousing the vehicles with a flammable liquid, after which the cars ignited instantly.
According to local media and sources, all four destroyed cars — identifiable by matching license plates — belonged to Dmitriy Punin, founder of the Pin-Up company and associate of Stavros Demosthenous, who was killed last month.
Investigators are considering the possibility that the arson was an act of pressure or intimidation aimed at forcing Dmitriy Punin out of Cyprus, or that it is linked to criminal disputes.
