Jonathan Schwartz, Alanis Morissette’s former business manager, has received a six year prison sentence after he admitted to wire fraud and tax crimes.
He got a stiff prison sentence and has also ordered to pay $8.6 million in restitution after he pleaded guilty during the trial.
The 47-year-old manager apologized for his actions and wept at the hearing, which focused on his business dealings between May 2010 and January 2014 .
He said: ‘I alone am responsible for the devastation…I will spend the rest of my life asking for forgiveness.’
During the case, Schwartz admitted to stealing more than $5 million dollars from the ‘Ironic’ hitmaker’s account while he also admitted to thieving an additional $1.7 million from two other unnamed clients.
In a statement at the hearing, Alanis urged the judge to impose a harsh punishment on Schwartz, whose firm was reportedly making as much as $1.2 million a year at the height of its success.
She said: ‘He did this in a long, systematic, drawn-out and sinister manner.’
Schwartz could have faced more than 20 years in federal prison for his crimes, but Judge Dolly Gee ultimately determined that a sentencing guideline of around 5-6 years was more appropriate.