Former George Soros Fund Manger Arrested for... Running a "Sex Dungeon" Out of His Million-Plus NYC Apartment

I don't mean the nice, clean sex dungeons that you guys are accustomed to.

The DOJ website:

Joseph Nocella Jr., United States Attorney for the Eastern District of New York, Christopher G. Raia, Assistant Director in Charge, New York Field Office (FBI), and Harry T. Chavis, Jr., Special Agent in Charge, Internal Revenue Service Criminal Investigation, New York (IRS-CI New York) announced the arrests and indictment.

"As alleged, the defendants used Rubin's wealth to mislead and recruit women to engage in commercial sex acts, where Rubin then tortured women beyond their consent, causing lasting physical and/or psychological pain, and in some cases physical injuries," stated United States Attorney Nocella. "Today's arrests show that no one who engages in sex trafficking, in this case in luxury hotels and a penthouse apartment that featured a so-called sex 'dungeon,' is above the law, and that they will be brought to justice. Human beings are not chattel to be exploited for sex and sadistically abused, and anyone who thinks otherwise can expect to find themselves in handcuffs and facing federal prosecution like these defendants."

"For many years, Howard Rubin and Jennifer Powers allegedly spent at least one million dollars to finance the commercial sexual torture of multiple women via a national trafficking network. The defendants allegedly exploited Rubin's status to ensnare their prospective victims and forced them to endure unthinkable physical trauma before silencing any outcries with threats of legal recourse," stated FBI Assistant Director in Charge Raia. "The FBI will continue to apprehend any trafficker who sexually abuses others for twisted gratification."

"It's alleged Rubin directed a sex trafficking enterprise, exploiting women who were transported from across the country to his Manhattan penthouse that was equipped with a soundproof sex room filled with BDSM equipment, including a device used to shock the women," stated Special Agent in Charge of IRS-CI Chavis. "This was not a one-man show. While Rubin dehumanized these women with abhorrent sexual acts, Powers is alleged to have run the day-to-day operations of the enterprise and got paid generously for her efforts. IRS-CI and FBI partnered to see fit that all the facts are detailed in this case and ensure that this pair realizes the full consequences of their ghastly behaviors."

According to the New York Times, which knows what good sex dungeons are and what bad sex dungeons are, this sex dungeon was used to abuse women beyond the limits of what they consented to and even leave them "maimed."

Ex-Wall Street Star Accused of Abusing Women in Penthouse Sex 'Dungeon'

Federal prosecutors say Howard Rubin, who faces sex trafficking charges, took victims to his apartment, where a bedroom was painted red, soundproofed and fitted with devices to use on the women.

The penthouse of the sleek, postmodern Metropolitan Tower in Midtown Manhattan offers panoramic views of New York. But for more than five years, a former Wall Street trader used it as a sex "dungeon," luring women in and leaving them maimed and bruised, federal prosecutors say.

Howard Rubin, 70, a former Salomon Brothers bond trader who was made Wall Street-famous in a book about the firm, was arrested Friday on sex trafficking charges. Prosecutors said he took women to the penthouse blocks from Central Park, where a bedroom was painted red, soundproofed and fitted with devices to use on the women, according to an indictment unsealed in Federal District Court in Brooklyn.

Along with a personal assistant, Jennifer Powers, Mr. Rubin recruited and paid at least a half-dozen women to participate in bondage and sadomasochism, but the acts went far beyond what the women had signed up for, according to prosecutors.

Ms. Powers, 45, was primarily responsible for the logistics of the trafficking, prosecutors said, including by recruiting and paying the women, arranging for them to sign nondisclosure agreements, and taking notes on the encounters and whether Mr. Rubin enjoyed them. Ms. Powers was arrested in Texas and set to be transferred to Brooklyn.

Prosecutors said Mr. Rubin took advantage of the women, many of whom were especially vulnerable because of their histories of addiction and abuse.

Mr. Rubin was arrested at his rental home in Fairfield, Conn., and appeared before Magistrate Judge Peggy Kuo in Federal District Court in Brooklyn on Friday afternoon wearing a blue windbreaker and jeans. He pleaded not guilty to the charges.

In addition to sex trafficking, Mr. Rubin was also charged with bank fraud, and both Mr. Rubin and Ms. Powers were charged with transporting people across state lines for the purposes of prostitution. Both defendants face life in prison if convicted.

A lawyer for Mr. Rubin declined to comment. A lawyer for Ms. Powers could not be immediately reached on Friday.

Though women were told they could use a "safe word" to stop any sexual encounter, prosecutors said, they were often unable to utter it because they were gagged or Mr. Rubin simply ignored their pleas. The room would often remain locked during the encounters, prosecutors said, while the women were shocked, beaten and violated.

Mr. Rubin also provided the women with copious amounts of drugs and alcohol before their sex acts, prosecutors said, despite the terms of the nondisclosure agreement. In one encounter, Mr. Rubin gave a female victim a sedative that made her unconscious so he could enact a rape fantasy, they said.

Sounds like it was more than a rape fantasy. Sounds, in fact, like rape, period.

All told, Mr. Rubin and Ms. Powers spent at least $1 million on the network, which ran from 2009 to 2019, prosecutors said. The women were trafficked to the penthouse, which Mr. Rubin rented for $18,000 per month, from 2011 to 2017, according to court papers.

The nondisclosure agreements, which Mr. Rubin kept in the penthouse, stipulated that the women assumed the risks of the activity, that Mr. Rubin had not provided them drugs or alcohol and that they would not discuss the sex acts publicly. If they violated the agreement, they would have to pay Mr. Rubin $500,000, prosecutors said.

He was previously sued civilly for the rapes. Now he's facing criminal charges.

...

Mr. Rubin gleefully discussed his exploits with Ms. Powers through messages sent from his work email, prosecutors said. In a 2013 email, Mr. Rubin said that the activity would leave a woman "sore and bruised for probably a week."

...

Tara McGrath, a federal prosecutor, said there were dozens more victims who had not been named in court papers, and that Mr. Rubin had relied on 10 other people to carry out the scheme who have not been charged.

...

He became an object of fascination on Wall Street, Mr. Lewis wrote, for his application of behavioral research to mortgage sales. He later became infamous for his role in a $250 million loss in 1987 at Merrill Lynch, which was at the time one of the largest reported by a Wall Street firm. (That would be more than $700 million in 2025 dollars.) Merrill's executives blamed Mr. Rubin for the loss for making unauthorized trades of mortgage-backed securities.

After leaving Merrill Lynch, Mr. Rubin became a fund manager at Bear Stearns and then Soros Fund Management.

Why are they all demons?

posted by Ace at 03:40 PM

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