Sentencing set for Australian fake-collar-bomber

By the Associated Press | March 29, 2012 | 8:06 PM EDT

SYDNEY (AP) — An Australian investment banker who chained a fake bomb to a young woman's neck in a bizarre extortion attempt will be sentenced on June 21.

Paul Douglas Peters pleaded guilty earlier this month to a charge of aggravated break and enter and committing a serious indictable offense by knowingly detaining 18-year-old Madeleine Pulver.

Pulver was alone in her family's Sydney home in August when Peters broke in, tethered a bomb-like device to her neck along with a note demanding money and then left. It took a bomb squad 10 hours to free her.

Peters appeared in a Sydney court by video from jail Friday and said nothing apart from thanking the judge after his sentencing date was set. He faces up to 20 years in prison.