Atlanta Bread Company

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Atlanta Bread Company is a privately owned bakery cafe chain established in 1993. In 1995, the owners began franchising and expanding across the country.

In 2004, President & CEO Jerry Couvaras was arrested in South Africa for allegedly swindling South African investors out of $5.54 million. He and his brother plead guilty to a banking violation and agreed to pay fines, while remaining fraud charges against them were dismissed.

In 2008 there were approximately 110 locations, as of 2014 there were less than 50 according to the company website.

References

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Atlanta Bread Co. CEO Arrested for Alleged Fraud in South Africa - Entrepreneur.com
Atlanta Bread Company CEO, brother resolve South African fraud charges - "Access North Georgia"
Atlanta Bread Company franchisees among worst-performing SBA borrowers - Atlanta Journal Constitution
Atlanta Bread Company franchisee sues for $12M - Atlanta Business Chronicles
CEO of Atlanta Bread Co. accused in South African fraud scheme - The Augusta Chronicle

External links


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