Kelsey Ketron Randolph pleaded no contest to 15 counts on Monday during a hearing in Rutherford County Circuit Court.
She will be on probation for eight years and must pay a 10,000 fine.
Ketron Randolph had pleaded not guilty on Nov. 25, 2019, to 70 counts related to an investigation of her family’s insurance business as well as her former involvement with her father’s campaign finance accounts. The other 55 charges were dropped Monday.
She is represented by Trey Harwell, who also is representing the family’s insurance company, Universal International Insurance Agency Inc. She is the daughter of Rutherford County Mayor and former State Sen. Bill Ketron.
Ketron Randolph was arrested and charged on Nov. 4, 2019 on counts ranging from allegations of aggravated perjury to money laundering and impersonating a licensed insurance professional, related to her insurance work and depositions given in two civil lawsuits as well as her former role as her father’s campaign treasurer. Three counts are against the family’s insurance business, officials said during the arraignment.
Ketron Randolph posted a $100,000 bond on Nov. 8.
The Hamilton County District Attorney’s Office is prosecuting the case. Local judicial officials have recused themselves due to potential conflicts of interest due to Bill Ketron’s position.
Senior Judge Walter Kurtz, a retired Circuit Court judge in Nashville, is handling the case in lieu of Judge David M. Bragg.
On Jan. 17, Ketron Randolph entered into an agreement with state insurance regulators to pay a $23,000 civil penalty over four years and lose her inactive insurance producer license. The deal is with the Insurance Division of the Tennessee Department of Commerce and Insurance.
Ketron Randolph may not apply for an insurance producer license until the civil penalty is paid off, the agreement says. She must cease and desist from any activities requiring a license.
The Insurance Division issued a cease and desist order on May 29, 2019 to stop Randolph from selling insurance because it said her license was inactive.