‘Ex-manager Alanis Morissette confessed to stealing millions of singer’
The former manager of Alanis Morissette has known 4.8 million dollar (4.5 million euros) have been stolen from the singer.
Jonathan Schwartz eclipsed the money for four years. Reports that TMZ on the basis of documents.
Also gave Schwartz other stars to have been robbed for whom he / investments managed, such as Beyoncé and Mariah Carey. In total he would for 1.7 million dollars (1.6 million euro) have risen.
Morissette complained of her ex-manager in may 2016, after the singer five million dollars in her investment portfolio overall. Schwartz claimed the money to have invested in companies that marijuana cultivation in states where that is legal. After research it became clear that the money by Schwartz is squander, and he seemed to be gambling debts. Morissette and Schwartz met in June 2016, a settlement.
For the fraud and theft can Schwartz a prison sentence of up to 23 years, but because he known he hopes that the court to him a lighter punishment imposes. The expectation is that the former manager between four and six years should help.