Wall Street trader Howard Rubin, who served as a “right-hand man” to billionaire Hungarian-American George Soros, is being sued by six women for allegedly “beating and assaulting” them during supposed “kinky BDSM sessions at his Manhattan apartment’s sex dungeon.”

Rubin, who is married and was blamed for the 1987 losses of $377 million at Merrill Lynch, stands accused of paying the women $5,000 each to participate in BDSM sex sessions, before allegedly assaulting and beating them.


The women who took part in the sessions stated that Rubin would repeatedly ignore safe words and boundaries set before the sessions, before claiming that he would physically abuse and hurt them.

Who is Howard Rubin?

Rubin’s financial career started back in 1982 when he started in mortgaged-back securities at the Salmon Brothers company.

He later joined the Mortgage Department at Bear Stearns, where he became Senior Managing Director and Head of the CMO Trading Desk before his retirement in 1999.

Rubin retired as one of the most respected figures on Wall Street, despite his mishaps in 1987.

These mishaps occurred at Merrill Lynch, where Rubin was blamed for the huge losses of around $377 million, due to his unauthorized trades.


At the time, the company reported losses of $250 million, but The New York Times later reported this figure to be far greater.

In 2008, Rubin came out of retirement to take over management of a Mortgage-Backed Securities Fund, that was run by George Soros’ company.

He would eventually quit his position in 2015.

In 1985, Rubin married his wife and fellow Harvard graduate, Mary Henry.

The couple would go on to have 3 children together before Henry filed for divorce last month.

The case against him

The first accusations were made against Rubin back in November 2017; however, several other women have now joined the civil trial, which is set to be held in November later this year.


The women are suing Rubin for a combined total of $18 million.

According to The New York Post, claims against Rubin include him having sex with one woman against her will, allegedly saying ‘I’m going to rape you like I rape my daughter.”

The Post also claims that one woman was beaten to the point where her plastic surgeon was unwilling to operate after her right breast implant had completely flipped.

The initial allegations were made in 2017 by Mia Lytell, Amy Moore, and Stephanie Caldwell.

Lytell and Moore are ex-Playboy models, whilst Caldwell is a model and a former stripper who worked a club in Miami.

All three women are accusing Rubin of sexual assault, battery, and human trafficking.

In the initial agreement, Lytell and Moore believe that the Wall Street banker intended to “only play mild fetish games, as well as taking photographs.”


Instead, the women state that they were bound and gagged, before being beaten during intercourse.

Rubin’s lawyer claims that all the women had signed a non-disclosure agreement that contained a penalty fine of at least $500,000.

The women claim that they “had little time” to run over the agreement in full, and stated that they didn’t have any lawyers present upon signing the agreement.

The women also allege that, when they “screamed or protested” at what Rubin was doing, he would become “more violent.”

The civil trial is set to begin in November, with all six women set to attend and sue Rubin for $18 million.