Howard Rubin, the former fund manager of billionaire George Soros and a well-known name in the world of Wall Street finance, has been arrested after an in-depth investigation revealed serious allegations of sexual abuse and exploitation of women for prostitution.
According to a report by the New York Post, Rubin was arrested at his residence in Fairfield, Connecticut, after a 10-count indictment was filed, which also includes a charge of "aggravated torture," as announced by Brooklyn federal prosecutor Joseph Nocella.
During the period 2009–2019, Rubin is alleged to have initially used expensive hotels in Manhattan to conduct his criminal activity, before setting up a luxurious two-bedroom apartment, equipped with BDSM equipment and audio-visual recording technology, that served as a sexual abuse center.
Investigators say the environment was equipped with cameras and computers to document everything, while the victims were recruited through escort agencies or modeling platforms.
Rubin, known by the nicknames "Howie" and "H," has been a prominent figure in the financial sector for years, managing billions of dollars for Soros Fund Management and other high-profile clients.
As the investigation deepens, the prosecution is expected to present new evidence in the case that is being described as one of the biggest scandals ever involving a Wall Street figure.
