Movies like “The Wolf Of Wall Street” and “Boiler Room” have stigmatized Wall Street as being a place of sex, drugs, money, and power. But men like the one in the following story prove this to be true.
Despite having a wife and children at home, he chose to go after a more exciting life, one that involved practices that put “50 Shades of Grey” to shame. But when someone sought to expose his hidden life, everything came crashing down for the man once deemed one of the “most respected” men on Wall Street…
From the outside looking in, Rubin had it all. He had worked as a successful trader on Wall Street for 30 years and had a loving wife and three children. The family lived in a luxury New York apartment, an indication that they had to be doing very well financially.
In 1982, Rubin began his career in mortgage-backed securities at Salomon Brothers and went on to join the Mortgage Department at Bear Stearns. There, he became a Senior Managing Director and head of the CMO Trading Desk. He reportedly did so well that he retired in 1999 as one of the “most respected” men on Wall Street. But things weren’t as they seemed…
Rubin married his former Harvard Business School classmate, Mary Henry and had three children with her. But behind the facade of a perfect family life and a once-booming career, Rubin had a darker side to him. He enjoyed the company of much younger women and in 2016 he decided to act on his urges.
Enlisting the help of two former models, Stephanie Shon, and Jennifer Powers, a former Hawaiian Tropics model who Rubin dated 12 years ago when during his “brunette phase,” Rubin instructed them to find him suitable women. These women should be beautiful and preferably Playboy Playmates…
They would reach out to bikini models and exotic dancers on Instagram and say something along the lines of, “My boss wants to meet you.” Shon would then allegedly offer the women $2,000 with no strings attached, to fly to New York and meet Rubin in his Manhattan apartment.
Powers would follow-up with the women, sending them messages assuring them that Rubin was a great guy and that the trip to New York would not be about sex. If Rubin liked the women, they would take photos together, but nothing too over the top, and the women would be paid an additional $3,000…
Once arriving in New York, the women would go to Rubin’s 57th Street apartment to meet. Then they would head out for dinner and drinks to places like the Russian Tea Room. There, Rubin would allegedly buy the women expensive drinks of Don Julio 1942 before handing them a piece of paper.
The paper was a non-disclosure agreement, and if signed, the duo would head back to the penthouse to enjoy some time alone. Once arriving back at the apartment located in a 76th- floor penthouse at Metropolitan Tower, Rubin would then offer his lady of the night more drinks…
All of the women went along with this and signed the non-disclosures and then when they returned back to the apartment after dinner, a door that was locked before was now open. The room could be referred to by the women as “the dungeon,” as it had white carpet and red walls.
Dungeon Of Torture
The room was filled with ropes, chains, face masks with zippers, sex toys, and a large x-shaped machine. Contrary to what Rubin said, according to the women, what happened in that room was non-consensual. The behavior was so violent in fact, that some of the women required medical attention…
Once in the penthouse dungeon, the women claimed Rubin had violent sex with them, often beating them severely. To keep them quiet, Shon and Powers reportedly offered them more cash and paid their medical bills.
But one victim recounts how Rubin beat her so badly that her breast implant flipped! Another victim claims that while she was in the “dungeon,” her wrists were tied with ropes and Rubin explained that he would go easy on her. They also agreed on the safe word, “pineapples.” in case things got too rough…
Rubin assured her that if she got uncomfortable that saying “pineapples” will make him stop. But, this was not what happened. Rubin reportedly ignored the women when she shouted “pineapples,” and then he hit her across the face. She continued to beg him to stop.
The woman claims that Rubin then anally raped her and told her she was a “whore,” and to “clean herself up.” Then, he kicked her out of his apartment, saying he had to meet his wife and children for dinner…
Signed Away Her Rights
Knowing that she couldn’t say anything since she signed a non-disclosure agreement, the woman was afraid and confided in one of her friends. The friend warned her not to go to the police since Rubin was “extremely wealthy and powerful,” and had the capability to destroy her life.”
But the woman used her better judgment and decided to sue Howie Rubin, Yifat Schnur, who drafted the non-disclosure agreements), and the fixers, Shon and Powers. The trio of victims, Hillary Lawson, Kristina Hallman, and Stephanie Caldwell claimed they were raped and seriously injured by Rubin…
The lawsuit accused Schnur, Rubin’s lawyer, of obstructing justice and intimidating witnesses by interfering in the case. Rubin and Schnur reportedly agreed to pay for Hallman’s criminal defense lawyer, Jeremy Saland, as long as Hallman agreed not to mention anything about Rubin or the others in the criminal trial.
Difficult To Separate The Truth From The Lies
But, then they reportedly changed the offer to $80,000 for Hallman to ditch Saland and retain Schnur instead. Powers then instructed Hallman to lie to police by telling them that the penthouse belonged to someone other than Rubin. But Schnur said it was all a lie…
Rape And Human Trafficking
She claims that the lawsuit accusing Rubin of rape and human trafficking of women is “a web of lies intended to extort Rubin.” Additionally, a Maryland man tried to shake Rubin down for almost $10 million in exchange for keeping quiet about the women’s claims in the weeks before the lawsuit.
What’s shocking in this case is that the women returned to see Rubin again in New York, even after suffering from violence while in his hands. Still, the lawsuit seeks over $20 million in damages for the women who were “lured” to New York by Rubin under the pretense of “companionship and photoshoots.” Rubin, 62, denies all the allegations of misconduct. It’s also uncertain whether or not his family knew about these instances.