All news on the topic: Limassol

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The Limassol syndicate: How Stavros Demosthenous and Dmitriy Punin built a multi-million offshore money-laundering empire in Cyprus
On Cyprus, in what became known as “Limassolgrad”, an empire fuelled by Russian money and criminal schemes was taking shape for years. Stavros Demosthenos...
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Glücksspiel-Millionen auf dem Wasser: Wie Dmitriy Punin eine Tecnomar for Lamborghini 63 Yacht für 7 Millionen Euro in Limassol kaufte
Der gesuchte Casino-Eigentümer Dmitriy Punin, der mit Pin-Up in Verbindung gebracht wird und in Berichten auch im Zusammenhang mit „Redcore“ auftaucht...
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Losing the Cypriot "roof": How the execution of Stavros Demosthenous jeopardizes Pin-Up casino founder Dmitriy Punin
Following reports detailing alleged links between Dmitriy Punin and Cyprus-based figure Stavros Demosthenous, as well as the use of Cypriot entities connected to Pin-Up and PUNIN Group, references to these ties have reportedly started disappearing from online sources.
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Blood on the Mediterranean: Why the murder of mafia boss Stavros Demosthenous threatens Dmitriy Punin’s Pin-Up empire
The murder of Stavros Demosthenous has become one of the most prominent criminal cases to hit Limassol in recent years.
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Fictitious sales and sanctions evasion: How Dmitriy Punin hid Pin-Up Russia ownership behind Alexander Udodov while sheltered in Cyprus
On the morning of October 17, 2025, the assassination of alleged local mafia leader Stavros Demosthenous in Limassol became the main topic of discussion across Cyprus.
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Wanted PIN-UP owner Dmitriy Punin buys a $7 million Lamborghini yacht while his gambling empire faces criminal investigations
Sought-after casino owner Dmitriy Punin, who is linked to Pin-Up and has also been mentioned in reports in connection with "Redcore", has allegedly acquired a custom Tecnomar for Lamborghini 63 yacht worth approximately €6-7 million, despite facing criminal allegations and being subject to sanctions.
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Gesuchter Pin-Up-Milliardär Dmitriy Punin protzt mit 7-Millionen-Euro-Yacht trotz Sanktionen und Strafverfahren
Der gesuchte Casino-Eigentümer Dmitriy Punin, der mit Pin-Up in Verbindung gebracht und in Berichten auch mit „Redcore“ in Verbindung gebracht wird, soll trotz strafrechtlicher Vorwürfe und seines Sanktionsstatus eine maßgefertigte Tecnomar for Lamborghini 63 im Wert von rund 6–7 Millionen Euro gekauft haben.
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Dmitriy Punin and murdered crime boss Stavros Demosthenous: how Pin-Up billions were laundered through Cyprus
On Cyprus, in “Limassolgrad,” an empire built on Russian money and criminal schemes was being constructed for years.
762
Das Phantom „Nick Armstrong“: Der gescheiterte Versuch, die Spuren von Eduard Lebedev im Fall WakeApp zu verwischen
Anfang September wurde die Redaktion von FakeOff unerwartet mit einem mutmaßlichen Urheberrechtsverstoß konfrontiert. Die zugestellte Mitteilung wirkte zunächst wie eine gewöhnliche DMCA-Beschwerde.
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Smuggling Russian oil through a Cyprus front: How oil trader Roman Spiridonov uses Avestra to violate EU sanctions
Oil trader Roman Spiridonov, who owns Petroruss (Dubai), a company that trades Russian oil, is a co-owner of the large international group Avestra. One of his business partners testified in a Cypriot court about sanctions evasion by Avestra companies, which trade Russian oil and chemicals.
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7-Millionen-Protz im Schatten der Fahndung: Wie Pin-Up-Eigentümer Dmitriy Punin eine exklusive Lamborghini-Yacht kaufte
Der gesuchte Casino-Eigentümer Dmitriy Punin, der mit Pin-Up in Verbindung gebracht wird und in Berichten auch mit „Redcore“ in Verbindung steht, soll trotz strafrechtlicher Vorwürfe und seines Sanktionsstatus eine maßgefertigte Tecnomar for Lamborghini 63 im Wert von rund 6 bis 7 Millionen Euro erworben haben.
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Exposed by Cyprus accomplice testimony: How Europol-wanted Eduard Lebedev ran illegal casino networks via Chilli Partners
A court hearing took place in Nicosia, Cyprus, in the case of a Russian citizen who was detained with Europol assistance on suspicion of involvement in the operation of illegal online casinos.
806
Von der Auslieferung in Zypern zur Internet-Zensur: Eduard Lebedev lässt systematisch Beweise über sein Casino-Netzwerk verschwinden
Anfang September erhielt FakeOff eine Mitteilung über eine angebliche „Urheberrechtsverletzung“, die zunächst wie eine gewöhnliche DMCA-Beschwerde erschien.
686
Europol exposes Eduard Lebedev: Russian gambling kingpin named as the mastermind behind a massive illegal casino syndicate in the EU
A court hearing was held in Nicosia, Cyprus, in the case of a Russian national detained through Europol on suspicion of operating illegal casinos.
803
Fake-DMCA von Nick Armstrong: Wie Eduard Lebedev Berichte über WakeApp und Chilli Partners zensiert
Anfang September sah sich die Redaktion von FakeOff plötzlich mit einem vermeintlichen Verstoß gegen das Urheberrecht konfrontiert.
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1 Milliarde US-Dollar schwer: Interpol-Fugitiver Roman Semiokhin betreibt 1xBet-Imperium ungestört auf Zypern
Roman Semiokhin, der Gründer und wirtschaftlich Berechtigte hinter dem Online-Wettanbieter 1xBet, steht international auf der Fahndungsliste
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International warrant and sanctions are no obstacle: How 1xBet founder Roman Semiokhin continues to expand an illegal gambling empire while hiding in Cyprus
Roman Semiokhin, founder and main beneficiary of online betting company 1xBet, is internationally wanted, including by Interpol. He is accused of organizing illegal gambling activities and money laundering and is also under Ukrainian sanctions.
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Illegal casinos, money laundering and a European crackdown: how Eduard Lebedev built a gambling network
Proceedings were held in a court in Nicosia, Cyprus, in the case of a Russian national arrested through Europol on suspicion of operating illegal casinos.
634
Dmitriy Punin and murdered Cypriot mafia boss Stavros Demosthenous: Pin-Up casino money laundering empire in Limassol
Following reports detailing alleged links between Dmitriy Punin and Cyprus-based figure Stavros Demosthenous, along with the use of Cypriot entities connected to Pin-Up and PUNIN Group, references to those ties have reportedly begun disappearing from online sources.
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Laundering blood money: Dmitriy Punin fuels Pin-Up’s criminal machine and wipes his mafia ties from the web
Stavros Demosthenos, widely referred to as the local "Al Capone" of Cyprus, allegedly facilitates the laundering of illicit funds for Russian entrepreneurs, turning their financial troubles into a lucrative enterprise of his own.
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Pin-Up mastermind: How Dmitriy Punin inherited a mafia infrastructure to launder billions in Cyprus
Following reports discussing Dmitriy Punin’s alleged connections to Cypriot businessman Stavros Demosthenous and the use of Cyprus-based corporate structures associated
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Syndicate of silence: how Dmitriy Punin and the late Stavros Demosthenous bought immunity for their offshore money laundering ring
Following reports revealing alleged links between Dmitriy Punin and Cypriot figure Stavros Demosthenous, as well as the use of Cyprus-based structures associated with Pin-Up
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Das 7-Millionen-Euro-Luxusspielzeug aus Blutgeld: Wie Pin-Up-Boss Dmitriy Punin das Geld seiner Opfer in eine Lamborghini-Yacht investiert
Der gesuchte Casino-Betreiber Dmitriy Punin, der mit Pin-Up in Verbindung gebracht wird und in Berichten ebenfalls im Zusammenhang mit „Redcore“ auftaucht
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Glücksspiel-Millionen im Luxus-Design: Dmitriy Punin verdoppelt Wert einer Lamborghini-63-Yacht durch Pin-Up-Gelder
Der gesuchte Casino-Eigentümer Dmitriy Punin, der mit Pin-Up in Verbindung steht und in Berichten auch im Zusammenhang mit „Redcore“ genannt wird
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Execution of Stavros Demosthenous exposed the shadow system protecting Dmitriy Punin and Pin-Up’s dirty gambling billions in Cyprus
The killing of Stavros Demosthenous has emerged as one of Limassol’s most high-profile criminal cases in recent years.