The man accused of strapping a fake bomb around the neck of 18-year-old Madeline Pulver at her home in the Australian city of Sydney has admitted the charges against him.<br/> <br />Madeleine's family says they can finally put the failed extortion plot behind them.<br/> <br />SOUNDBITE: Bill Pulver, father of Madeleine, saying (English):<br/> <br />"Throughout this experience we have been constantly reminded of the love and support that has been shown to our family. 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. Thank you very much."<br/> <br />Paul Douglas Peters, seen here after his arrest in the United States, appeared in court via videolink.<br/> <br />He pleaded guilty to breaking and entering the Pulver's home, and committing a serious indictable offence.<br/> <br />Peters broke into the Pulver's home last August and strapped a device around Madeleine's neck he said was a bomb he could detonate remotely.<br/> <br />He left a ransom note and reportedly told the frightened teenager could monitor her conversations through a microphone fitted to the collar.<br/> <br />The device, which did not contain explosives, was removed hours later by security personnel.<br/> <br />Peters, an investment banker with links to Bill Pulver's company, was arrested in the U.S. state of Kentucky.<br/> <br />He did not contest his extradition to Australia.<br/> <br />He is due to be sentenced next week, and faces up to 20 years in jail.<br/> <br />Paul Chapman, Reuters
