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.
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