NEW YORK — Federal prosecutors have arrested Howard Rubin, a former Wall Street financier with past ties to the Soros Fund, on charges of sex trafficking and forced sex acts, alleging he ran a “sex dungeon” in his Manhattan penthouse to abuse women over a decade.
Rubin and his assistant, Jennifer Powers, face a 10-count indictment accusing them of recruiting women — often former Playboy models — by deception or coercion, flying them to New York, and subjecting them to forced sexual encounters.
The New York Post has additional details:
Howard Rubin, 70, was picked up at his home in Fairfield, Ct,. on a 10-count indictment for “torturing women beyond their consent,” Brooklyn US Attorney Joseph Nocella charged in a statement.
The famed former money manager — known as “Howie” and “H” — is accused of abusing the victims first at a luxury New York City hotel and then later at a two-bedroom penthouse that he morphed into a dungeon filled with BDSM equipment between 2009 and 2019, prosecutors said.
One of the bedrooms was soundproofed and painted red, and had a device that was used to shock or electrocute the women, the feds said.
Rubin also had a stash of non-disclosure agreements he kept in a safe that he forced the women to sign, the US Attorney’s Office alleged.
Rubin is also charged with federal bank fraud tied to misrepresentations made to a bank in connection with Powers’ mortgage.
A defense response has not yet been made public.
This is a breaking news story. Please check back for updates.
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