Investment Banker Admits Placing Fake 'Collar Bomb' Around Teen Girl's Neck

An investment banker pled guilty Thursday to charges he broke into a Sydney, Australia mansion and strapped a fake "collar bomb" around an 18-year-old girl's neck in a failed extortion attempt. Paul Douglas Peters, 51, appeared in the Sydney courtroom by video-link from prison, while his lawyer, Kathy Crittenden, entered the plea on his behalf. "Mr. Peters deeply regrets and is profoundly sorry for the impact that this incident has had on Ms. Pulver and her family," Crittenden told The...Full Story
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