Wall Road financier, Howard Rubin, 66, was billionaire George Soros’ right-hand man and is now accused of BDSM crimes in a Manhattan condo
Howard Rubin, a former cash supervisor for George Soros, is being accused by six ladies of beating them throughout sadomasochistic intercourse classes at a specifically constructed ‘intercourse dungeon’ in his Manhattan condo.
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 ladies as much as $5,000 with a view to participate in BDSM intercourse.
Now a number of of the ladies who took half within the kinky intercourse classes 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 harm them.
The primary accusations have been made in November 2017, however a complete of six ladies 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 prepared to function on her after her proper breast implant flipped.
One other lady stated she and Rubin had intercourse towards her will claiming that whereas sure in his chamber he instructed her: ‘I will rape you want I rape my daughter’ earlier than forcing her to have intercourse.
Emma Hopper, a mannequin from Atlanta and pupil is without doubt one of the ladies who’s alleged to have obtained cost for taking part within the S&M classes
Playboy playmate Mia Raquel Lytell is without doubt one of the ladies accusing Rubin of beating her on the again of the pinnacle, ‘out and in of consciousness, not realizing 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 youngsters, 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 youngsters, and is herself one other Wall Road banker, filed for divorce.
The financier, who has properties within the Hamptons and on New York’s Higher East Aspect, was identified in Wall Road circles as one thing of a excessive curler as he earned thousands and thousands for the billionaire investor till this scandal threatened to overshadow his repute.
The unique allegations have 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 have been delivered to New York and brought benefit of. The allegations come right down to the ladies saying they have been bodily and sexually abused,’ stated John Balestriere, a lawyer performing on behalf of the ladies.
‘No one is saying a gun was put to their heads to come back to New York. Our shoppers are alleging that they have been misled and lied to and have been victims of bodily and sexual violence.
‘None of those ladies got here to New York realizing 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 stated these people consented to the bodily and sexual violence perpetrated towards them. Our six shoppers say they didn’t consent … ‘
An preliminary lawsuit stated whereas Lytell and Moore believed that Rubin supposed to play ‘some gentle fetish video games and maybe take images, neither anticipated to be sure with rope and tape and gagged or to be really 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 at the least $500,000 if damaged.
McDonald says the ladies even acknowledged that they could possibly be injured throughout intercourse video games.
The ladies say that that they had little time to learn the agreements and ‘didn’t have attorneys current’ when signing.
Moreover, they declare that after they ‘screamed or protested [during a session], Rubin would merely grow to be extra violent.
The lawsuit states that Amy Nicole Moore believed Rubin supposed to play ‘some gentle fetish video games and maybe take images, however didn’t anticipate to be restrained on this method [bound with rope and tape and gagged] or to be really overwhelmed.’
McDonald stated that his consumer denies the ladies’s claims including: ‘Mr Rubin has not been charged with any crimes. It’s fully a civil matter.’
He notes that on one event Rubin texted Lytell to ensure she was conscious of what she was entering into.
‘Do u [know] what you’re in for?’ a textual content contained in court docket papers reads.
‘It is complete BDSM. Most women find it irresistible and are available again for extra. However I identical to to be up entrance about the whole lot.’
Rubin additionally denies any allegations of drugging. ‘He was not supplying medication to the ladies — besides probably painkillers through the encounters [which were painful].’
Lawyer John Balestriere, pictured, claims Howard Rubin abused three ladies throughout BDSM play
The Manhattan condo on Madison Avenue that Rubin rented for trists is claimed to be filled with bondage and sadomasochistic tools, Within the middle of the primary room was stated to be an X-cross the place individuals may lie spreadeagled whereas being tied up on the wrists and ankles.
One former colleague who labored with Rubin at Soros Fund Administration instructed the Publish ‘I assumed 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 condo [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 most important 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, turning 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 triggered historic losses at Merrill Lynch by means of a sequence 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 instructed 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 youngsters, two daughters after which a son, in New York on the Higher East Aspect.
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