Alanis Morissette was in the news recently not for her musical endeavours, but as the victim in a story that showed the ugly side of the music business.

The Canadian singer's former manager Jonathan Schwartz admitted having One Hand in Her Pocket (sorry) and stealing almost $5 million from her over the seven years he worked for her.

Schwartz pleaded guilty and issued an apology via an open letter in The Hollywood Reporter to those he had defrauded. 'At first, I ‘borrowed’ a little from clients, with the hopes that I would pay them back if I won that night’s bet," he wrote. "That snowballed, and as I kept losing, I kept stealing. I kept telling myself that I just needed one lucky break, and I’ll pay them back.

"[W]hen I was finally caught, a bright spotlight shined on my deplorable conduct. I could not hide any longer and hit rock bottom. By seeing how pathetic I had become, I finally got the courage to ask for help.”

However, it seems that Morissette is not one to forgive and forget so easily as she sent THR a one-line statement that said: "I would be apprehensive to believe any words that come out of Jonathan Schwartz's mouth."

Ouch.