Alanis Morissette's Manager Admits To Embezzling Millions

Alanis Morissette

(Radio.com) Alanis Morissette's former business manager has admitted to embezzling more than $7 million and agreed to plead guilty to federal charges, prosecutors said Wednesday.

Jonathan Todd Schwartz, of Los Angeles, was charged with wire fraud and filing a false tax return and for failing to report the embezzled funds, reports Pollstar.

Schwartz admitted to stealing nearly $5 million from Morissette between May 2010 and January 2014. The stolen money was listed as 'sundry/personal expenses."

Originally, Schwartz lied and claimed that he invested the money in an illegal marijuana business. With his admission of guilt, he also revealed that he stole $2.3 million from five other clients who were not named in the court documents. Read more here.

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