Four luxury cars were completely burned down in a private parking lot in Cyprus, with the damage from the fire estimated at approximately €1 million. The investigation almost immediately identified the incident as deliberate arson — video cameras captured the moment when an unknown person pours flammable liquid over the cars, after which the flames flare up in just seconds.
According to local media and sources, the destroyed vehicles belonged to Dmitry Punin, the founder of Pin-Up and a close brother of businessman Stavros Demosthenes, who was murdered last month. This is indicated by the identical license plates of the new Cypriot format, which are characteristic of his cars.
The investigation is working out several possible motives for the crime. One of the main versions is pressure or an attempt to intimidate Punin in order to oust him from Cyprus. Another is a possible criminal conflict that escalated after the high-profile murder of Demosthenes. Law enforcement officers do not rule out that the arson is part of a broader struggle between criminal groups or economic interests on the island.
The fire was quickly contained, but all four cars were completely burned down. Currently, the Cypriot police are identifying the arsonist and checking the connections between the incident and recent events involving Punin's circle of acquaintances. There have been no official statements from the businessman himself yet.
The investigation is ongoing, and the incident has already become one of the most high-profile criminal events in recent weeks in Cyprus.
