The gear mentioned prior consists of a Jedi Knights robe and an Eralam crystal (+2 Dam, +2 Attack) guaranteed and some other things potentially like grenades and stimulants.
This takes place on Korriban with a party of Juhani (if you already killed her, you can stop reading).
Go to the Valley of the Sith Lords and at the start of the actually valley, not just near the Renegade Sith cave, off to the left is a man named Dak Vasser. Talking to him will show that he is an ex-Jedi guy and ending the conversation will send him running off to the Canteen.
Go to the Canteen and there, kick Juhani out of the party.
Dak should be stood near to where Yuthura was, talk to him and tell him that he won't leave, you plan to kill him.
(Note. For those who don't want an evil character, after the conversation is finished and battle is about to start, save the game, load it up and you can fight without gaining Dark Side points)
Loot his body and there will be the gear I mentioned earlier.
Leave as if to go to the Academy again and once out of the area, go straight back in.
He should be there once again as long as Juhani is not in the party. And voila, a loop of killing, loot and repeat.
(Note. I used this glitch on the 23rd June 2013, it hasn't been fixed yet but Bioware occassionally does fix these things, so get it while it's hot.)