PULSE POINTS
❓WHAT HAPPENED: Federal prosecutors charged Howard Rubin with running a decade-long sex-trafficking operation.
👤WHO WAS INVOLVED: Howard Rubin, a retired financier, and his former assistant Jennifer Powers.
📍WHEN & WHERE: Between 2009 and 2019, primarily in a Manhattan penthouse described as a “sex dungeon.”
💬KEY QUOTE: Rubin has been linked to George Soros, as he previously worked at Soros Fund Management and Bear Stearns.
🎯IMPACT: The case highlights allegations of abuse and misconduct tied to a high-profile financier with political connections.
Federal prosecutors have charged 70-year-old Howard Rubin, a retired New York financier, with orchestrating a decade-long sex-trafficking scheme that allegedly preyed on dozens of women. Authorities say the abuse largely took place in a lavish Manhattan penthouse outfitted as a “sex dungeon,” where women were brought under false pretenses and, in some cases, drugged or heavily intoxicated before being assaulted.
Rubin’s former assistant, Jennifer Powers, is also facing charges for her alleged role in recruiting women between 2009 and 2019. Prosecutors claim she acted as a gatekeeper, luring victims into Rubin’s circle where they were exploited under the guise of business opportunities.
According to the New York Post, Rubin’s Wall Street pedigree is notable: he previously served as a top manager at Soros Fund Management, the investment firm founded by billionaire George Soros, a major donor to Democratic Party causes. Before that, Rubin worked at Bear Stearns, where he built his reputation in mortgage-backed securities.
The case has drawn national attention not only for the salacious details but also because of Rubin’s high-powered financial ties. If convicted, both Rubin and Powers face decades in prison for what prosecutors describe as a calculated, exploitative, and long-running criminal enterprise.
Join Pulse+ to comment below, and receive exclusive e-mail analyses.