A panel of judges sentenced former Citibank customer relations manager Inong Melinda Dee on Wednesday to eight years in prison and Rp 10 billion (US$1.09 million) in fines for embezzling customers' funds.
She went on a spending spree for big ticket items such as luxury cars, apartments and houses after stealing the money.
Among her purchases were cars such as Ferraris, Porsches, Mercedes Benzes and Hummers.
"The defendant has been conclusively found guilty of receiving money through 117 illegal transactions," Presiding judge Gusrizal said at the South Jakarta District Court.
The judges also found Melinda guilty of infringements of the 1999 Law on Banking and 2010 Law on Money Laundering.
The verdict is lighter than the 13 years in prison sought by the prosecutors.
Melinda is said to have swindled up to 40 billion rupiah (S$5.6 million) from the bank's premium clients.
She reportedly ordered 117 transfers from her Citigold clients' accounts to her and her acquaintances' accounts between 2007 and 2011.
According to The Straits Times, her husband, younger sister and brother-in-law were also sentenced to jail terms ranging from two to four years for money laundering.
Her embezzlement were first highligted after one of Citi's clients noticed unauthorised transfers and reported them.