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Canadian auto parts magnate Frank Stronach found guilty of sexual assault
NBC News • • world
Key Points:
- Austrian-Canadian billionaire Frank Stronach, founder of Magna and The Stronach Group, was found guilty of sexual assault and indecent assault involving two women from incidents decades ago.
- Stronach, 93, faced 12 charges related to seven complainants but was acquitted of most, with the court finding him guilty only on the least serious offenses for two complainants.
- Superior Court Justice Anne Molloy deemed the two women credible and believed their accounts, while Stronach’s lawyer emphasized the absence of exposure and expressed satisfaction with the partial acquittal.
- Stronach’s trial began in February, with some charges withdrawn or dismissed by prosecutors; a sentencing hearing is scheduled for September.
- He faces a separate trial on similar charges in Newmarket, Ontario, set for May.
