@Kanga: I just said, "Without maxing any stats"
Actually, there's an even easier way to do it. In fact, you can even do it at the beginning of the game and get some epic gear early on. One of the things I love to do when I first start the game is go straight to the first oblivion gate after accumulating around 300-400 arrows. Basically, it was easiest since there's only ONE guard there. I would shoot an arrow at him while running away from him backwards. He usually dies within 200 arrows if your archer stat is what you chose to have. Anyways, after he dies, I take all his epic armor, bow, clothes and money.
Now here's how to do the trick (ALWAYS works). Run into the courtyard outside of the jail, and drop EVERYTHING that you stole (including money) and let them arrest you. After being released, you'll be in the courtyard, and guess what? There's all the stuff you stole earlier, and you can pick it all back up without consequence~!