Jonathan Schwartz, the business manager of Alanis Morissette, who pleaded guilty to charges of filing a false tax return and wire fraud in siphoning off over $5 million from the singer, was sentenced to 6 years imprisonment on Wednesday – The Hollywood Reporter.
Schwartz admitted to stealing over $4.8 million from Morissette during a court trial in January. He also confessed to stealing an additional $1.7 million from two other anonymous clients.
It was reported by The Association Press, that the incident took place from the period of May 2010 to January 2014, with the manager deceptively recording the illegal withdrawals as “personal expenses and sundry”. During a court hearing, when he was first questioned by the prosecutor about the mismanagement of the money, he claimed to have invested it in some illegal marijuana business.
Schwartz will serve 72 months in prison starting from 11 July and he will also reimburse $8.65 million. He could have faced more than 20 years in prison after pleading guilty, but the Judge proposed a sentence of 6 years.
The singer requested for a tougher penalty during the hearing. According to the report from the newspaper, Morissette said, “Schwartz stole my trust and my money. He had everything carefully planned in a systematic and sly manner”
According to The Chicago Tribune, Schwartz expressed regret and apologized for his act during a court hearing on Wednesday, he said, he accepts responsibility for his sinister behavior.
“I alone am responsible for the criminal act, I will spend the rest of my life seeking for forgiveness,” he said.