Alanis Morissette’s Ex-Manager Admitted To Stealing Millions From Her

January 19, 2017 / Posted by:

Jagged Little Pill came out when I was too young to get the mall by myself, so luckily someone bought me the tape for my birthday. (A tape which I immediately hid under my bed because there was a “fuck” in it and I thought I was going to get in trouble). The only other person at my school who had Jagged Little Pill was this girl who constantly bragged that she stole it from Zellers. That always made me sad, because why would you wanna rip off Alanis Morissette like that? Well ,Christine the 8th Grade Shoplifter wasn’t the only one to do Alanis dirty.

The Hollywood Reporter says that Alanis filed a lawsuit in a Los Angeles court on Tuesday against her former business manager Jonathan Schwartz. Jonathan Schwartz handled Alanis’ finances from 2009 to 2016. When she got a new manager in 2016, that new manager found about 116 cash transfers from Alanis’ bank account to Jonathan’s to the tune of more than $4.7 million. Alanis claims she knew nothing of these transfers. Alanis is suing Jonathan and GSO Business Management of breach of fiduciary duty, conversion, fraud and negligence.

Alanis also claims that Jonathan took money from her investment accounts. Alanis wanted to pay for expenses using her current income, and she claims that whenever she asked if she had gone over budget, Jonathan would assure her she was fine. That was a jagged little LIE. According to the lawsuit, Jonathan took $8 million from investment accounts to pay for expenses.

Alanis is seeking damages of more than $15 million.

According to the BBC, Jonathan also admitted in a Los Angeles court yesterday that he ripped Alanis off for almost $5 million, and he got about $2 million from other unnamed celebrity clients too.

The only real cash I have is the 6lbs of coins collecting in my vacuum, so I don’t have to worry about keeping my money safe. But if I was famous, I’d be real nervous about hiring someone to manage my money. This is the second time this week a famous person is accusing their business manager of financial fishiness. Famous people have to go back to investing their money in bars and sports teams like they did in the 70s. Sure, it’s a terrible idea, but at least they’ll be expecting to lose millions.


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