Music Business

Business Manager Accused Of Stealing $4.7M From Alanis Morissette

AlanisAnother day, another story about the music industry screwing an artist.  This time, the plot involves Alanis Morissette, a business manager and a missing $4.7 million.

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Money on fireSuperstar firm GSO Business Management is claiming that Jonathan Schwartz, one of its business managers, stole $4.7 million from client Alanis Morissette. Other GSO/Schwartz clients include Beyonce and Mariah Carey.

Schwartz claimed that he withdrew the cash so that Alanis could invest in a marijuana growing business. GSO says the story didn't check out, according to TMZ.  For her part, Morissette denies that she ever asked Schwartz to invest in growing pot.

The suit says Schwartz stole the money to support his lifestyle, including a $50,000 vacation to Bora Bora and a $75,000 gambling debt at a casino in the Bahamas.

 

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