Wall Road financier, Howard Rubin, 66, was billionaire George Soros’ right-hand man and is now accused of BDSM crimes in a Manhattan residence
Howard Rubin, a former cash supervisor for George Soros, is being accused by six girls of beating them throughout sadomasochistic intercourse periods at a specifically constructed ‘intercourse dungeon’ in his Manhattan residence.
Rubin, 66, a married, infamous Wall Road dealer who’s blamed for incurring $377million of losses at Merrill Lynch in 1987, is accused of paying girls as much as $5,000 in an effort to participate in BDSM intercourse.
Now a number of of the ladies who took half within the kinky intercourse periods are suing the financier, claiming he abused them; ignoring secure phrases, going past the BDSM boundaries and agreements they set earlier than intercourse, and bodily damage them.
The primary accusations had been made in November 2017, however a complete of six girls are now suing Rubin in a civil trial, scheduled for November, for $18 million.
Lurid particulars set out by the New York Post say that one lady was so badly overwhelmed. her plastic surgeon was not keen to function on her after her proper breast implant flipped.
One other lady mentioned she and Rubin had intercourse towards her will claiming that whereas certain in his chamber he advised her: ‘I’ll rape you want I rape my daughter’ earlier than forcing her to have intercourse.
Emma Hopper, a mannequin from Atlanta and scholar is without doubt one of the girls who’s alleged to have acquired cost for taking part within the S&M periods
Playboy playmate Mia Raquel Lytell is without doubt one of the girls accusing Rubin of beating her on the again of the pinnacle, ‘out and in of consciousness, not figuring out if Rubin penetrated her with an object or if it was Rubin himself.’
Final month, Rubin’s longstanding spouse of 36 years, Mary Henry, proper, with whom he shares three kids, and is herself one other Wall Road banker, filed for divorce
Final month, Rubin’s longstanding spouse of 36 years, Mary Henry, with whom he shares three kids, and is herself one other Wall Road banker, filed for divorce.
The financier, who has houses within the Hamptons and on New York’s Higher East Aspect, was recognized in Wall Road circles as one thing of a excessive curler as he earned tens of millions for the billionaire investor till this scandal threatened to overshadow his fame.
The unique allegations had been introduced by Mia Lytell, Amy Moore and Stephanie Caldwell in 2017.
Lytell and Moore are former Playboy Playmates, whereas Caldwell is a mannequin who labored at a Miami strip membership.
All accuse Rubin of assault, battery and human trafficking.
‘Briefly, they’re every alleging that they had been dropped at New York and brought benefit of. The allegations come right down to the ladies saying they had been bodily and sexually abused,’ mentioned John Balestriere, a lawyer appearing on behalf of the ladies.
‘No person is saying a gun was put to their heads to come back to New York. Our purchasers are alleging that they had been misled and lied to and had been victims of bodily and sexual violence.
‘None of those girls got here to New York figuring out that they’d be bodily and sexually abused. They didn’t consent to what did find yourself occurring. The important thing issue is that Mr. Rubin mentioned these people consented to the bodily and sexual violence perpetrated towards them. Our six purchasers say they didn’t consent … ‘
An preliminary lawsuit mentioned whereas Lytell and Moore believed that Rubin meant to play ‘some gentle fetish video games and maybe take images, neither anticipated to be certain with rope and tape and gagged or to be truly overwhelmed’.
Lytell claims ‘she was restrained’ and ‘out and in of consciousness’ unaware if Rubin penetrated her or used an object to take action.
A movement for abstract judgment, filed by Rubin’s lawyer, Edward McDonald, the ladies signed non-disclosure agreements with a penalty of no less than $500,000 if damaged.
McDonald says the ladies even acknowledged that they could possibly be injured throughout intercourse video games.
The ladies say that they’d little time to learn the agreements and ‘didn’t have attorneys current’ when signing.
Moreover, they declare that once they ‘screamed or protested [during a session], Rubin would merely turn out to be extra violent.
The lawsuit states that Amy Nicole Moore believed Rubin meant to play ‘some gentle fetish video games and maybe take images, however didn’t count on to be restrained on this method [bound with rope and tape and gagged] or to be truly overwhelmed.’
McDonald mentioned that his shopper denies the ladies’s claims including: ‘Mr Rubin has not been charged with any crimes. It’s solely a civil matter.’
He notes that on one event Rubin texted Lytell to ensure she was conscious of what she was stepping into.
‘Do u [know] what you’re in for?’ a textual content contained in court docket papers reads.
‘It is complete BDSM. Most women like it and are available again for extra. However I identical to to be up entrance about every thing.’
Rubin additionally denies any allegations of drugging. ‘He was not supplying medication to the ladies — besides presumably painkillers in the course of the encounters [which were painful].’
Legal professional John Balestriere, pictured, claims Howard Rubin abused three girls throughout BDSM play
The Manhattan residence on Madison Avenue that Rubin rented for trists is claimed to be filled with bondage and sadomasochistic tools, Within the middle of the principle room was mentioned to be an X-cross the place folks may lie spreadeagled whereas being tied up on the wrists and ankles.
One former colleague who labored with Rubin at Soros Fund Administration advised the Submit ‘I believed he was a pleasant man. He was a nebbishy Jewish man and completely regular. I used to be stunned to listen to about him having that residence [with a sex dungeon].’
One other described Rubin as ‘high-strung, aggressive and doesn’t maintain again his emotions. He was a dealer whose ego was tied up in being the largest swinging d**ok on Wall Road.’
Rubin started his profession in mortgaged-backed securities at Salomon Brothers in 1982.
He joined the Mortgage Division at Bear Stearns, changing into a Senior Managing Director and head of the CMO Buying and selling Desk earlier than retiring in 1999 as one of many most-respected males on Wall Road.
In 2008, Rubin got here out of retirement to handle a Mortgage-Backed Securities Fund for billionaire financier George Soros (pictured). He left in 2015, earlier than the alleged intercourse assaults
In 1987, Rubin brought about historic losses at Merrill Lynch via a collection of unauthorized trades which price the corporate $250million. The determine was later reported by The New York Occasions to be as excessive as $377million.
On the time, Wall Road insiders advised how he purchased billions of {dollars} price of mortgage bonds with out receiving approval from his seniors.
When the market plummeted, he was unable to promote them off and incurred astronomical losses for the corporate.
He was fired and the matter was turned over to Wall Road watchdogs however Rubin was by no means criminally prosecuted.
Regardless of the loss, he was appointed Senior Managing Director at Bear Stearns, the place he ran the Collateralized Mortgage Obligations desk from 1987 to 1999.
In 2008 he got here out of retirement to handle a Mortgage-Backed Securities Fund for financier George Soros, run by Soros Fund Administration, LLC. He stop the agency in 2015.
Till final month, Rubin had been married to philanthropist and fellow Harvard Enterprise Faculty graduate Mary Henry since 1985.
Earlier than attending Harvard Enterprise Faculty, he attended Lafayette Faculty in Pennsylvania.
The couple raised their three kids, two daughters after which a son, in New York on the Higher East Aspect.