A former business manager for celebrities, including singer Alanis Morrissette, admitted to charges of embezzlement and filing false tax returns. Jonathan Schwartz, 48, formerly of Agoura Hills, worked for GSO Business Management in Sherman Oaks.
According to court papers, Schwartz admitted that he embezzled more than $6.5 million from clients of the agency, including Morrissette, whose losses constituted the majority of the stolen funds. Initially, Schwartz said that he invested the money in a marijuana growing operation, but acknowledged in the court filing that the statement was false.
In addition, Schwartz admitted to misappropriating about $1 million from another client, and nearly three-quarters of a million dollars from a third client. Initially he attributed those withdrawals to “home renovation” expenses, but later admitted to forging the clients’ signatures on checks. In addition, Schwartz pleaded guilty to wire fraud and tax fraud, and owes the IRS $1.7 million in unpaid taxes on the stolen funds. As part of the plea agreement, Schwartz is likely to receive between 4 and 6 years in federal prison
Federal embezzlement attorney
Federal prosecutors are rarely satisfied with a single charge. Federal laws involving financial crimes often include tax evasion charges on top of whatever other matters they seek to address in court. If you’ve been arrested for embezzlement, wire fraud or other financial crime, you need the assistance of an experienced embezzlement attorney like Robert Helfend.
Mr. Helfend has practiced criminal defense for more than 30 years, and takes cases in both federal and state courts. He knows what it takes to confront federal allegations of embezzlement and fraud, and will fight aggressively on your behalf in court.
Contact Robert Helfend or call toll-free at (800) 834-6434, (805) 273-5611, (310) 456-3317 or (818) 591-2809 for an immediate consultation on your Ventura County embezzlement case.
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