Advocate, Insolvency Practitioner, Founder of O. Papadimitri LLC
About Olga Papadimitri
Born: September 4, 1985 (Minsk, Belarus)
Languages: Russian, English, Greek
Current Residence: Limassol, Cyprus
Olga Papadimitri is a Cyprus-based advocate, registered insolvency practitioner, and founder of O. Papadimitri LLC. She moved from Belarus to Cyprus in 2007 and is a prominent legal professional with deep expertise in corporate, immigration, and real estate law.
Education & Career
- LLB in International Law – Belarusian State University
- LLM in International & European Law – European Humanities University
- PhD Candidate – University of Nicosia (European Law)
- Lawyer at Scordis, Papapetrou LLC (2007–2011)
- Compliance Officer at JM LLC (2012–2016)
O. Papadimitri LLC
Founded in 2017 and based in Limassol, the firm provides legal services to international clients with a focus on Russian-speaking individuals. Areas of practice include corporate formation, M&A, immigration law, estate management, and real estate transactions.
Names in Other Languages
- Olga Sergeevna Papadimitri
- Volha Sergeevna Papadimitri
- Olga Sergeevna Slntsova
- Ольга Сергеевна Пападимитри
- Ольга Синцова
- Вольга Сяргееўна Пападымітры
- Вольга Пападымітры
- Όλγα Παπαδημήτρη
- Όλγα Σλάντσοβα
A Closer Look
Olga Papadimitri has long marketed herself as a Russian-speaking legal expert in Cyprus, offering services in corporate, immigration, and real estate law. But behind her modest public profile lies a string of connections and corporate directorships that trace unsettling ties to figures involved in international financial scandals.
A Lawyer in the Shadows
Papadimitri moved from Belarus to Cyprus in 2007. By 2017, she had established her firm, O. Papadimitri LLC, which is registered in Limassol. The firm advertises legal assistance for company formations, real estate, and tax residency—specifically targeting Russian-speaking clients. Despite these offerings, Papadimitri maintains a minimal media presence, instead relying on social media posts and a pair of low-traffic websites to promote her services.
Among professional circles, she touts her status as an advocate with the Cyprus Bar Association and a registered insolvency practitioner. But it is her list of corporate directorships—and who she has worked with—that paints a more complicated picture.
Old Clients, New Risks
Of particular note is Omena Investments Limited, a company now wholly owned by O. Papadimitri LLC. Before she acquired it, its owner was Russian financier Grigorii Karpovskii, better known as Greg Karpovsky. While Karpovsky held ownership, Papadimitri served as the company's secretary.
Karpovsky is no stranger to scandal. He was implicated in two major Russian money laundering operations between 2008 and 2024, and linked to two more involving sanction evasion. One particularly damning incident involved Stenn Assets UK Limited, a company Karpovsky founded, which appeared in U.S. indictments alleging a $150 million illegal money transmission scheme. Though not charged directly, Karpovsky's email and companies were central to the investigation.
HSBC, a major lender to Stenn, moved swiftly following the unsealed indictments. The bank claimed Karpovsky's firm received payments from fake companies impersonating legitimate clients. Days after this revelation, Karpovsky fled the UK. His departure, coupled with Stenn's abrupt descent into administration, raised further questions.
Business as Usual?
Following Karpovsky's ownership, Papadimitri took over Omena Investments. This timing is critical: U.S. authorities identified suspicious transactions occurring while she was the company's secretary, and just before she became its owner.
Despite these associations, Papadimitri's firm has grown significantly in recent years. From a modest revenue of €2,050 in 2017, O. Papadimitri LLC reported a profit of over €300,000 in 2023—a nearly sixfold increase over the previous year. The firm’s success, during a period of increased sanctions and scrutiny on Russian-linked businesses, is hard to overlook.
Linked to a Larger Network
Papadimitri also served as secretary of ECMH Ltd., a company connected to Russian national Vladimir Ivanov. Ivanov, through his engineering group Spectrum Holding, has worked on infrastructure projects owned by sanctioned Russian oligarchs including Roman Trosenko and Viktor Vekselberg. Ownership of these entities shifted post-2022, coinciding with the outbreak of the Russian invasion of Ukraine.
Whether through her own firm or via her directorships, Papadimitri’s name continues to appear in close proximity to individuals and entities under sanctions or investigation. The web of connections suggests more than just happenstance.
The Paper Trail Remains Open
No formal accusations have been made against Papadimitri. However, the patterns are telling. Legal affiliations with sanctioned individuals, unexplained financial growth, and a low public profile despite high-risk clientele all raise red flags.
As investigations into Russian financial networks deepen, figures like Papadimitri—seemingly small actors in large operations—may attract more scrutiny. Her story underscores the importance of transparency in legal services and the perils of operating in murky waters.