Alanis Morissette's Business Manager Gets 6-Year Sentence for Embezzling $7.2M
GSO Business Management, which counts entertainers Katy Perry, 50 Cent and Tom Petty among its clients, said the theft by a former money manager led to lost business and nearly a dozen layoffs.
May 04, 2017 at 03:57 PM
9 minute read
LOS ANGELES — Alanis Morissette's business manager was sentenced Thursday to six years in federal prison for embezzling $7.2 million from the singer-songwriter and other celebrities.
Jonathan Todd Schwartz, 47, a Westlake Village resident, was sentenced by U.S. District Judge Dolly Gee, following his guilty pleas to wire fraud and tax fraud charges.
Schwartz's attorney, Nathan Hochman of Morgan, Lewis & Bockius, argued for a far more lenient sentence that included just one year of prison time based on his client's pathological gambling addiction.
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