Alanis Morissette's ex manager jailed for six years

Image
Press Trust of India Los Angeles
Last Updated : May 05 2017 | 8:42 AM IST
Singer Alanis Morissette's former business manager, Jonathan Schwartz, has been sentenced to six years in prison for stealing more than USD 7 million.
Schwartz has been handed a stiff prison sentence and has also been ordered to pay USD 8.6 million in restitution after he pleaded guilty to wire fraud and tax crimes during the trial, according to The Hollywood Reporter.
The 47-year-old manager - who apologised for his actions and wept at the hearing, which focused on his business dealings between May 2010 and January 2014 - said, "I alone am responsible for the devastation. I will spend the rest of my life asking for forgiveness."
During the case, Schwartz confessed to stealing more than USD 5 million dollars from the "Ironic" hitmaker, while he also admitted to thieving an additional USD 1.7 million from two other unnamed clients.
In a victim statement at the hearing, Alanis urged the judge to impose a harsh punishment on Schwartz, whose firm was reportedly making as much as USD 1.2 million a year at the height of its success.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 05 2017 | 8:42 AM IST

Next Story