Via Kinky Delight, these women in black hoods appear to be punishing a man for adultery. It’s not entirely clear from the expression on his face whether he might have been willing to pay for the the experience:

hooded women whipping a bemused man tied to a tree - caption reads vigilantes in skirts: Rita thought torture a fair return for adultery

Artwork turns out to be from the cover of the April 1962 issue of Man to Man magazine, where a fuller version of the art appears:

Man to Man cover, April 1961

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