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Billionaire Frank Stronach faces sexual assault trial in Canada

Billionaire Frank Stronach faces sexual assault trial in Canada

Summary

Frank Stronach, a wealthy businessman, is on trial in Toronto for historical sexual assault charges. He has pleaded not guilty to the charges, which involve incidents that allegedly occurred between 1977 and 1990. The trial will focus on whether Stronach is guilty based on older laws that were in place at the time of the alleged incidents.

Key Facts

  • Frank Stronach is 93 years old and originally from Austria.
  • He founded Magna International, an international automotive parts company, in 1956.
  • Stronach is charged with 18 offenses related to sexual assault involving 13 people.
  • The charges date from 1977 to 1990, a period when different laws applied to these offenses.
  • There are two separate trials; the Toronto trial begins first, with another trial in York Region set for spring.
  • There is no time limit on prosecuting sexual assault cases in Canada, regardless of when they happened.
  • Stronach has denied all allegations against him and pleaded not guilty.
  • A 2024 investigation by CBC reported claims from former employees against Stronach, which he also denied.
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