A former Commonwealth bank employee who stole almost $250,000 from wealthy retirees, including author Thomas Keneally, will serve out her 12 month sentence in home detention.
Karen Myhanh Chau, 39, pleaded guilty in August to six counts of dishonestly obtaining financial advantage by deception.
In October, Deputy Chief Magistrate Jane Mottley gave her a total term of 18 months' imprisonment with a non-parole period of one year.
However, she ordered Chau to be assessed for home detention.
In Downing Centre Local court on Wednesday, the magistrate ruled Chau could serve out her sentence in home detention.
"She is clearly a resourceful and intelligent woman," Magistrate Mottley told the court.
"She is likely to find it difficult to get employment in the financial industry as a result of this offence."
Chau, who has been receiving regular treatment for a gambling addiction, will finish her home detention in October next year.