Alanis Morissette's Manager Admits To Embezzling Millions was a Top 3 story on Friday: (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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