Canadian Billionaire Frank Stronach Faces Additional Charges Amid Historical Sexual Assault Allegations

Canadian billionaire Frank Stronach, 91, is facing eight additional criminal charges, including six counts of sexual assault, on top of five charges laid earlier this month. The new charges stem from historical incidents dating as far back as 1977, identified by Peel Regional Police's Special Victims Unit after more victims came forward. Stronach, who founded Magna International and The Stronach Group, denies all allegations through his lawyer and plans to vigorously defend his reputation. The initial charges included rape, indecent assault, and forcible confinement involving three women, with incidents occurring between 1980 and 2022. Stronach's legal troubles come despite his longstanding contributions to Canadian industry and community. The case remains ongoing as police continue their investigation.