'Naive' SA woman given bond for fraud

Written By Unknown on Senin, 06 Mei 2013 | 11.25

A "NAIVE and foolish" woman whose grandiose business plans included building a hospital in Africa and the construction of major Australian railway lines has been given a suspended jail term for fraud.

Heidi Marie Litkowitch, 65, admitted forging the signature of her former defacto partner, now 86, to obtain three bank loans totalling $290,000, using their Adelaide home as security.

She pleaded guilty in the South Australian Supreme Court to three counts of dishonestly dealing with documents between June 2007 and August 2008.

Justice Tim Stanley on Monday jailed her for two years and three months with a non-parole period of 18 months, but suspended the term and placed Litkowitch on a three-year good behaviour bond.

She used the loan money on speculative property investments that failed.

Litkowitch and her partner were together for 30 years and after they broke up, she entered a relationship with another man with whom she went into business.

Describing this as her "downfall", the judge said the business projects were partly or wholly "illusionary" and its plans "grandiose and delusional".

They included plans for involvement in infrastructure in Vietnam; railway projects between Alice Springs and Darwin, between Kalgoorlie and Esperance, and in northern NSW; a light railway in the Philippines and a hospital in Ghana.

"It appears you have been naive and foolish," the judge said.

He accepted that Litkowitch would do her best to co-operate to make restitution to the bank.


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