Sex assault case of billionaire businessman Frank Stronach back in court in October

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This article was published 08/07/2024 (809 days ago), so information in it may no longer be current.

BRAMPTON, Ont. – The case of billionaire businessman Frank Stronach, who is accused of sexually assaulting 10 complainants, is due to return to a Brampton, Ont., court on Oct. 7.

One of Stronach’s lawyers made a brief appearance by video on his behalf this morning as the case came before the court for the first time.

Stronach, who is 91, was first charged last month with five sex-related offences involving three complainants, soon followed by another eight charges involving seven complainants.

Court documents show the charges include rape, attempted rape, indecent assault, forcible confinement and sexual assault.

They relate to alleged incidents dating as far back as 1977 and as recently as this year.

Stronach’s lawyer Brian Greenspan has said that his client denies all allegations against him and plans to “vigorously” defend his reputation.

In a statement issued last Friday, Greenspan added that Stronach remains presumptively innocent and will respond to the allegations in court.

Stronach became one of Canada’s wealthiest people as the founder of auto parts giant Magna, a company he started in his garage in 1957.

He also founded The Stronach Group, a company that specializes in horse racing, and founded Stronach International in 2018, a company focusing on organic foods and “micro-electric mobility.”

Stronach resigned as Magna’s chairman in 2011 and founded his own political party in his home country of Austria the year after.

This report by The Canadian Press was first published July 8, 2024.