Peel police say they have charged billionaire businessman Frank Stronach in a sexual assault investigation dating back to the 1980s.
Stronach, 91, is the founder of Magna International, an automotive parts company based in Aurora. He has been named to the Order of Canada.
Peel police issued a news release early Friday evening saying Stronach was arrested and charged with five criminal offences, including rape, indecent assault on a female, two charges of sexual assault, and forcible confinement. The incidents are alleged to have spanned from the 1980s up until 2023.
