Canadian billionaire Frank Stronach arrested on sexual assault charges

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Canadian billionaire Frank Stronach arrested on sexual assault charges
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Austrian-Canadian auto parts billionaire Frank Stronach has been arrested on sexual assault charges involving accusations from the 1980s to last year.

FILE - Austro-Canadian billionaire Frank Stronach of his party Team Stronach arrives at the parliament for a TV discussion during national elections in Vienna, Austria, Sunday, Sept. 29, 2013. Canadian police have charged Stronach with sexual assault dating back to the 1980s. Peel Regional police said in a statement that Stronach, 91, was arrested Friday, June 8, 2024, and charged with five crimes including, rape, indecent assault on a female, sexual assault and forcible confinement.

Stronach, 91, was charged with five crimes including rape, indecent assault on a female, sexual assault and forcible confinement, Peel Regional Police said. He was released with conditions and will appear at the Ontario Court of Justice in Brampton, Ontario, at a later date, the police statement said.Peel Regional Police Constable Tyler Bell said there is more than one accuser but declined to say how many.

“Obviously, this is a high-profile case. Our special victims unit is bound to protect the victims and in doing so that’s why were are being vague,” Bell said. “There is more than one victim but we won’t confirm that number yet.”Police allege the sexual assaults spanned from the 1980s to as recent as 2023. Bell said they are appealing for people to come forward if they have information or have have been victims.

The billionaire founder of Magna auto parts has also had major investments in horse racing. He has been named to the Order of Canada, one of the country's highest honors. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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