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Canadian auto parts magnate Frank Stronach found guilty of sexual assault
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Key Points:
- Austrian-Canadian billionaire Frank Stronach, founder of auto parts giant Magna, was found guilty of sexual assault and indecent assault involving two women decades ago.
- Stronach, 93, faced 12 charges related to seven complainants but pleaded not guilty; the court convicted him on two charges.
- The trial began in February, with prosecutors withdrawing one charge and agreeing to acquittals on four others before the guilty verdict was delivered.
- Stronach, who resigned as Magna’s chairman in 2011, also founded The Stronach Group and a political party in Austria.
