Canadian businessman Frank Stronach, the 93-year-old founder of auto-parts giant Magna International, has been found guilty of sexual assault. This verdict concludes a high-profile trial in Toronto where he faced multiple charges related to incidents stretching back to the 1970s, '80s, and '90s. Stronach, a prominent figure in Canadian business known for building Magna into a Fortune Global 500 company, had pleaded not guilty to all allegations.
The case against Stronach initially involved 12 charges related to seven female complainants when the trial began in February. However, as the proceedings unfolded, the prosecution withdrew five charges, and Ontario Superior Court Justice Anne Molloy deemed the evidence of one complainant "fatally flawed" and unreliable, stating she "couldn't possibly convict" based on her testimony. This reduction left Stronach facing five charges related to three complainants by the time closing arguments were delivered.
The judge's decision to find Stronach guilty on some counts comes after a trial that highlighted the challenges of prosecuting historical sexual assault cases, particularly concerning the credibility and memory of complainants over several decades. Stronach was present in court daily but did not testify in his own defense. The specific counts on which he was convicted were not immediately detailed in the reports available at the time of the verdict announcement.
Beyond this Toronto trial, Stronach is slated to face additional charges in a second trial in Newmarket, Ontario, next year. That upcoming trial will address allegations from six other women, with incidents reportedly ranging from 1988 to 2018. The current verdict marks a significant development for the former head of Magna International and founder of other ventures like The Stronach Group and Stronach International.