(NEW YORK) — A retired investment banker was arrested Friday at his Connecticut home on federal charges he trafficked women for sex acts in luxury hotels and at a Manhattan apartment converted into a sex dungeon with BDSM equipment, according to a federal indictment.

Howie Rubin, 70, and his former personal assistant, Jennifer Powers, 45, are charged with sex trafficking and transportation for the purposes of prostitution, according to the U.S. Attorney’s Office for the Eastern District of New York.

Rubin is due in Brooklyn federal court later Friday. Powers, who was accused of facilitating the alleged sex trafficking operation, was arrested in Texas.

It was not immediately clear whether either had retained counsel.

Rubin, a former top manager at Soros Fund Management and Bear Stearns,

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