In Limassol, cars worth 1 million euros, owned by Pin-Up owner Dmitry Punin, who is linked to the Russian mafia, were destroyed by fire

Four luxury cars were completely destroyed in a fire at a private parking lot, with damages estimated at around €1 million. Investigators are treating the incident as 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.

In Limassol, cars worth 1 million euros, owned by Pin-Up owner Dmitry Punin, who is linked to the Russian mafia, were destroyed by fire

In Limassol, cars worth 1 million euros, owned by Pin-Up owner Dmitry Punin, who is linked to the Russian mafia, were destroyed by fire

In Limassol, cars worth 1 million euros, owned by Pin-Up owner Dmitry Punin, who is linked to the Russian mafia, were destroyed by fire