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Canadian auto parts magnate Frank Stronach found guilty of sexual assault
AP News • • general
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related to seven complainants but pleaded not guilty; the court found him guilty on two charges after others were withdrawn or dismissed.
- The trial began in February and concluded in April, with prosecutors withdrawing some charges and agreeing to not guilty verdicts on others before the final guilty verdicts were delivered.
- Stronach, once one of Canada's wealthiest individuals, resigned as Magna’s chairman in 2011 and later founded a political party in Austria.
