Celebrity money manager caught embezzling millions
Illinois residents who entrust their finances to managers expose themselves to risks of embezzlement. A high-profile federal case illustrates the millions of dollars that managers can shift into their own pockets. It involves the former manager for singer-songwriter Alanis Morissette, who alleged that he embezzled $4.8 million from her. Losses attributed to other clients placed the total funds embezzled by…

