This is an automated archive made by the Lemmit Bot.
The original was posted on /r/worldnews by /u/AvailableChoice3130 on 2024-06-08 06:24:09+00:00.
Canadian auto parts billionaire Frank Stronach, 91, arrested on sexual assault charges
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
Peel Regional Police Constable Tyler Bell said there is more than one accuser but declined to say how many.
Stronach, who was 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 made a brief foray into Austrian politics more than a decade ago and has been named to the Order of Canada, one of the country’s highest honors.
“We have recently been made aware of the charges filed against Frank Stronach,” Dave Niemiec said in an email Friday evening.
In 2018, Frank sued his daughter, two grandchildren and former business associate Alon Ossip for over $500 million in Ontario Superior Court alleging they mismanaged the family’s assets and conspired to take control of them.
Belinda Stronach, a former Canadian Member of Parliament, countersued her father, saying in a statement of defense that he lost vast sums of money on pet projects.
The original article contains 387 words, the summary contains 163 words. Saved 58%. I’m a bot and I’m open source!