Financier accused of abusing women in soundproofed 'dungeon' in NYC penthouse [View all]
Source: AP
By LARRY NEUMEISTER
Updated 7:20 PM CDT, September 26, 2025
NEW YORK (AP) — A retired Wall Street financier was arrested Friday on charges that he lured dozens of women, including former Playboy models, to be sexually and physically assaulted during encounters in his Central Park penthouse in a soundproofed room described in court papers as “The Dungeon.”
Howard Rubin, 70, was arrested Friday at his rental home in Fairfield, Connecticut, authorities said. He pleaded not guilty at a federal court in Brooklyn. His former personal assistant, Jennifer Powers was also arrested at her home in Southlake, Texas, and is expected to appear in court in Texas on Monday, authorities said.
The wealthy former financier was ordered to remain detained, despite efforts by his lawyers to have him freed on a $25 million bond. Messages for comment were sent to multiple lawyers for both Rubin and Powers.
During a three-decade career, Rubin worked at various financial firms, including Merrill Lynch, Bear Stearns and Soros Fund Management.
Read more: https://apnews.com/article/financier-howard-rubin-sex-trafficking-b862b6574f8dbb55593a401a12df9ba1
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