Singer
Alanis Morissette's former business manager,
Jonathan Schwartz
, has been sentenced to six years in prison for stealing more than USD 7 million.
Schwartz has been handed a stiff prison sentence and has also been ordered to pay USD 8.6 million in restitution after he pleaded guilty to wire fraud and tax crimes during the trial.
The 47-year-old manager - who apologised for his actions and wept at the hearing, which focused on his business dealings between May 2010 and January 2014 - said, "I alone am responsible for the devastation. I will spend the rest of my life asking for forgiveness."
During the case, Schwartz confessed to stealing more than USD 5 million dollars from the "Ironic" hitmaker, while he also admitted to thieving an additional USD 1.7 million from two other unnamed clients.
In a victim statement at the hearing, Alanis urged the judge to impose a harsh punishment on
Schwartz
, whose firm was reportedly making as much as USD 1.2 million a year at the height of its success.
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