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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

(Newser) – 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.

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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.)

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