Canadian billionaire Frank Stronach faces 8 more charges including sexual assault


Published June 26, 2024 at 4:34 pm

Canada, Ontario, Aurora, Peel, police, sexual assault, investigation, charges
Canadian businessman Frank Stronach was charged Friday by Peel Regional Police in connection with a sexual assault investigation. CP PHOTO

Update: Police say the additional charges come after investigators identified additional victims.

Police say more charges including sexual assault and attempted rape will be laid against 91-year-old alleged rapist and Canadian businessman Frank Stronach, according to police in Mississauga and Brampton.

The billionaire was arrested and charged with rape, indecent assault on a female, two counts of sexual assault and forcible confinement earlier this month by Peel Regional Police.

He was arrested again on Wednesday and police say Stronach is facing six more counts of sexual assault, one count of attempted rape and one count of indecent assault on a female, bringing the total charges to 13.

Police say the charges against 91-year-old Aurora native and founder of Ontario-based automotive parts manufacturer Magna International are related to sexual assaults that spanned from the 1980s up to as recently as 2023.

When the charges were first announced, investigators made a public pleading to any additional victims asking them to come forward with information.

Details of a court document show Stronach is accused of sexually assaulting at least three different complainants in 1980, 1986 and last year.

Peel Regional Police said in an update to that the new charges are related to “additional victims” identified by the Special Victims Unit.

The accused’s lawyer Brian Greenspan said of the earlier charges that Stronach “categorically denies the allegations of impropriety which have been brought against him.”

A spokesperson for Mangna said Stronach gave up control of the company more than a decade ago and is no longer affiliated with the company.

Stronach was released on conditions and was set to appear at a Brampton courthouse on July 8.

Police say anyone with information regarding the charges can call the Special Victims Unit at 905-453-2121, ext. 3460.

Anonymous tips may also be submitted to Crime Stoppers by calling 1-800-222-TIPS (8477) or by visiting

– With files from The Canadian Press

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