first_img“This was shocking and disappointing,” Reeder said. “The company is very happy he’s being brought to justice and held accountable for his actions.” Login/Register With: Advertisement Schwartz admitted stealing nearly $5 million from Morissette between May 2010 and January 2014. He used the money personally and falsely listed the cash withdrawals as “sundry/personal expenses” to cover up the crime. LEAVE A REPLY Cancel replyLog in to leave a comment His plea deal calls for a sentence between four and six years in federal prison, though a judge could sentence him up to 23 years on the charges. Facebook Advertisement GSO reviewed Schwartz’s other work and found the other thefts, said GSO attorney Chris Reeder, who sued Schwartz after he was removed from the firm. Schwartz is scheduled to appear Feb. 1 in U.S. District Court on the criminal charges. Schwartz, who no longer works there, was said to represent Beyonce and Mariah Carey, who both appeared at a fundraiser last year in support of a heart disease charity he founded. The embezzlement was discovered after Morissette took her business elsewhere and her new money manager discovered millions of dollars missing and contacted GSO, according to lawsuits filed against Schwartz.last_img read more