Rubin, a former top manager at Soros Fund Management and Bear Stearns, has been under investigation for years after multiple women claimed in 2017 he subjected them to beatings and rape. Rubin has long denied the accusations but the women won a multimillion dollar civil judgment against him for violating the Trafficking Victim Protection Act.

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According to the indictment, Rubin and Powers transformed one of the bedrooms in the penthouse into a sex "dungeon" that was painted red and soundproofed; had a lock on the door; was furnished with BDSM equipment to which women could be strapped and restrained; and contained devices to shock or electrocute them, among other items.

"Rubin and Powers, together with others, materially misrepresented to women the extent, manner and/or degree to which Rubin would engage in physical and sexual violence," the indictment said. "Rubin provided a 'safe word' the women could say to convey that they wanted the violent sexual conduct to cease, but then disregarded the safe word when women used it and continued the violent conduct without the women's consent."

The indictment continued, "In other instances, regardless of whether Rubin had provided a safe word, the women were unable to object to Rubin’s conduct because they were bound and/or gagged during the sexual encounter. In still other instances, women became unconscious during the sexual encounters, such that they were unable to consent."