Frank Stronach was arrested on sexual assault charges spanning decades, police said.
Austria n-Canadian auto parts billionaire The 91-year-old was charged Friday with five crimes including rape, indecent assault on a female, sexual assault and forcible confinement, Peel Regional Police said. He was released with conditions and will appear at the Ontario Court of Justice in Brampton, Ontario, at a later date, the police statement said.Peel Regional Police Constable Tyler Bell said there is more than one accuser but declined to say how many.
'He looks forward to the opportunity to fully respond to the charges and to maintain his legacy both as a philanthropist and as an icon of the Canadian business community.'Stronach, born in Austria, became one of Canada's wealthiest people by creating Magna in his garage in 1957 and building it into one of the world's largest suppliers of auto parts.He also founded The Stronach Group, a company specializing in horse racing.
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