Frank Stronach pleads not guilty to 12 charges, sexual assault trial set for February
Billionaire businessman Frank Stronach is gearing up for his upcoming trial in Toronto for sexual assault charges. In a recent hearing, Stronach’s defence lawyer revealed that the trial will proceed with a judge alone, after switching from a jury trial with the Crown’s consent. The trial is scheduled to commence in February next year.
Stronach, who faces 12 charges in Toronto dating back as far as 1977, pleaded not guilty to all accusations during the recent hearing. His defence lawyer, Leora Shemesh, expressed that the decision to opt for a judge-alone trial will result in a more efficient and expedited legal process without a jury.
The 92-year-old tycoon, known for founding auto parts giant Magna and the Stronach Group, is a prominent figure in the horse racing industry, owning and operating renowned tracks like Santa Anita Park in California. Last year, Stronach was charged with 18 counts involving 13 complainants across Ontario, including allegations of sexual assault and indecent assault spanning several decades.
In response to the allegations, Stronach vehemently denied any wrongdoing, labeling the claims as “lies” during an interview with CBC’s The Fifth Estate. Despite the legal challenges ahead, Stronach remains confident in the judicial system and is eager to have the charges addressed promptly.
Following the Toronto trial, Stronach is also expected to face a separate legal proceeding in Newmarket, Ont., later in 2026, after the case was divided into two trials last year. Shemesh reiterated that Stronach will maintain his plea of not guilty for the charges in both jurisdictions.
As the legal battle unfolds, the Canadian business magnate’s reputation and legacy hang in the balance, as he navigates the complexities of the justice system in his quest for justice and vindication. The upcoming trials will be closely monitored by the public and industry insiders alike, as the outcome could have far-reaching implications for Stronach’s career and standing in the community.
