The Journal. · The Wall Street Journal & Spotify Studios

A Wall Street Legend and His Penthouse Sex Dungeon

January 29, 2026·26 min·2 clips
Howard Rubin, a star trader, secretly rented a penthouse in Manhattan that prosecutors say was the center of a sex trafficking ring.
This episode investigates Howard Rubin, a former Wall Street star trader who made millions in the 1980s and 1990s but was later accused of running a sex trafficking ring from a penthouse sex dungeon in Manhattan. It explores his rise and fall in finance, the allegations of abuse involving multiple women, and the legal battles that followed, highlighting the stark contrast between his public and private lives.

As heard by us

A restrained Wall Street crime story about status, money, and the allegations surrounding Howard Rubin.

The Journal treats Howard Rubin less as a lurid Wall Street fall story than as a case study in money, access, and a carefully managed public image.

Read the full review in PlayNext →

Why you'd press play

A Wall Street star spent decades hiding a parallel life that prosecutors say involved sex trafficking.

Read the full recommendation in PlayNext →
Listen to the show on