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Alanis Morissette manager admits to $4.8M theft from singer

Associated Press logo Associated Press 1/18/2017 By BRIAN MELLEY, Associated Press
FILE - This June 20, 2014 file photo Alanis Morissette arrives at the 4th Annual Production Of The 24 Hour Plays After-Party in Santa Monica, Calif. Federal prosecutors say a business manager who embezzled more than $6.5 million from Morissette and other entertainment and sports figures has agreed to plead guilty. Jonathan Todd Schwartz agreed Wednesday, Jan. 18, 2017 to plead guilty in Los Angeles federal court to two felonies that carry a maximum of 23 years in federal prison. (Photo by Richard Shotwell/Invision/AP,File) © The Associated Press FILE - This June 20, 2014 file photo Alanis Morissette arrives at the 4th Annual Production Of The 24 Hour Plays After-Party in Santa Monica, Calif. Federal prosecutors say a business manager who embezzled more than $6.5 million from Morissette and other entertainment and sports figures has agreed to plead guilty. Jonathan Todd Schwartz agreed Wednesday, Jan. 18, 2017 to plead guilty in Los Angeles federal court to two felonies that carry a maximum of 23 years in federal prison. (Photo by Richard Shotwell/Invision/AP,File)

LOS ANGELES (AP) — The former business manager for Alanis Morissette admitted embezzling more than $6.5 million from the singer and other celebrities and agreed to plead guilty to federal charges, prosecutors said Wednesday.

Jonathan Todd Schwartz, 48, of Los Angeles, was charged with wire fraud and filing a false tax return for failing to report the embezzled funds, prosecutors said.

Schwartz admitted stealing nearly $5 million from Morissette between May 2010 and January 2014. He used the money personally and falsely listed the cash withdrawals as "sundry/personal expenses" to cover up the crime.

When confronted about the theft, Schwartz lied and said had invested the money in an illegal marijuana growing business, prosecutors said.

Schwartz, who worked for GSO Business Management, also admitted to stealing $1.7 million from two other clients who were not named by the U.S. attorney's office.

Morissette sued Schwartz last year in Los Angeles Superior Court, but she later dropped the lawsuit.

He faces up to 23 years in federal prison if convicted, though his plea deal calls for a sentence between four and six years.

Schwartz is scheduled to appear Feb. 1 in U.S. District Court.

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