Owner of Xoriatiko bakery chain arrested for tax fraud

On Sunday, October 25, 2026, Greek authorities from the Organized Crime Division (DAOE) launched a major operation targeting a multi-million euro tax fraud scheme. As part of this effort, police arrested Aggelos Giannakopoulos, the owner of the popular bakery chain 'Xoriatiko,' along with a high-ranking accountant accused of playing a key role in the criminal organization.

Police sources indicate that the operation had been postponed multiple times due to the owner's residence in Dubai. However, officers apprehended Giannakopoulos immediately upon his return to Greece. The investigation focuses on the bakery chain, which operates numerous company-owned and franchise locations throughout the Attica region and across the country. Authorities estimate that the total scale of the fraud reaches millions of euros.

Law enforcement officials stated that the investigation remains active and expect further arrests to follow in the near future as they continue to dismantle the alleged criminal network. This case adds to previous legal scrutiny involving the business structure, which has also been linked in past reports to separate investigations regarding trafficking circuits.