Jonathan Schwartz, the former manager of Alanis Morissette, was sentenced to six years in prison for stealing millions from his clients.
Schwartz, 47, admitted to stealing $5 million from the singer as well as $2 million more from five other unnamed clients. Morissette testified on Wednesday, saying he “not only stole $5 million in cash from me, he stole a dream.”
Presiding Judge Dolly Gee exceeded the 63-month sentence that prosecutors requested. “In the past I’ve criticized the sentencing guidelines as draconian, but this is a rare instance in which I feel they’re not harsh enough,” she said.
Schwartz tried to cover his tracks by telling his associates that Morissette had terrible spending habits, and claimed she acted against his advice. “I’d go on tours he recommended and they would lose money, but he’d still urge me to spend! Spend! Spend! He was creating an alibi from the start,” the singer said. She also recalled him “taking advantage of my empathetic nature” and said her trust “has been shaken to the core.”
In January, Schwartz pleaded guilty to wire fraud and falsifying his federal tax returns. He penned an open letter last month claiming to be a gambling and drug addict. “At first, I ‘borrowed’ a little from clients, with the hopes that I would pay them back if I won that night’s bet. That snowballed, and as I kept losing, I kept stealing,” he wrote. “I let everybody down, and for that I will spend the rest of my life asking for forgiveness and making amends to everyone I have hurt.”
His lawyer requested 12 months and a day in prison followed by another 12 months of home detention, but the judge mandated a six-year sentence, citing that his motivation was simply greed.
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