Manager Admits Stealing $4.8M From Alanis

He claimed to have invested in pot grow-ops
By Rob Quinn,  Newser Staff
Posted Jan 19, 2017 12:10 AM CST
Manager Admits Stealing $4.8M From Alanis
Alanis Morissette receives her achievement from the Canadian Music Hall of Fame during the 2015 Juno Awards in Hamilton, Ont., on Sunday, March 15, 2015.   (AP Photo/The Canadian Press, Nathan Denette)

What's worse than rain on your wedding day? How about getting scammed for nearly $5 million by your business manager? Alanis Morissette's former manager Jonathan Todd Schwartz, 48, admitted in a plea deal Wednesday that he embezzled $4.8 million from the Canadian singer and $1.7 million from other celebrities, the Los Angeles Times reports.

When Schwartz was first confronted about the theft, he claimed to have funneled the money into illegal marijuana grow-ops, though he was actually using it to fund a lavish lifestyle, the BBC reports. Under the plea deal, Schwartz has agreed to spend between four and six years in prison and will pay restitution of $8.2 million. He will be sentenced next month. (Read more Alanis Morissette stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.