Hedge Funder Pleads Guilty To Chaining A Fake Bomb Around A Girl's Neck To Blackmail Her Family

blackmail letter

Remember this summer mystery?

The 18 year old daughter of a powerful Australian CEO was at home in her mansion when a masked man broke in and chained a bomb to her neck. He left instructions to send money and an e-mail address.

It took a bomb squad 10 hours to get the bomb off safely. It was later determined that the bomb was a fake.

Now we know that the masked man was 50 year old hedge funder Paul Douglas Peters, and according to Fox News, he has pleaded guilty through his attorney.

The girl, Maddie Pulver, and her family have said they have no connection to Peters. He once worked for a company that her father, Bill Pulver was associated with, but that’s about it. Peters was able to escape arrest because his ex-wife lives in Kentucky, and immediately after the crime he headed there.

From Fox News:

“There was no — nothing other than just the fact of Maddie was in the wrong place at the wrong time,” Bill Pulver said outside court.

“A poor decision by one man has prompted a truly extraordinary and inspiring response from many thousands of people and we will be forever grateful.”

Poor decision is an understatement.

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