Kelsey Ketron Randolph

Kelsey Ketron Randolph

A source bond hearing will be held Friday, Nov. 8 at 1:15 at Rutherford County Circuit Court for Kelsey Ketron Randolph, according to court officials.

A source bond hearing is held in some cases so officials can determine where the money will come from.

The original story follows:

Kelsey Ketron Randolph was arrested and charged Monday on 71 on counts ranging from allegations of aggravated perjury to money laundering and impersonating a licensed insurance professional, related to depositions given in two civil lawsuits against her family’s insurance agency.

According to MPD, Ketron is charged with 30-counts of Impersonating a Licensed Professional, 14 counts of money laundering, 12 counts of aggravated perjury, five counts of fraudulent insurance acts $250,000 or more, five counts of forgery $250,000 or more, two counts of fraudulent insurance acts $60,000 - $250,000, fraudulent insurance acts $10,000 - $59,999, theft of property $10,000 - $60,000, and theft of property $60,000 - $250,000.

Ketron, the daughter of Rutherford County Mayor Bill Ketron, is being held on $100,000 bond at Rutherford County Adult Detention Center. The indictments stem from two civil lawsuits, Susan Calvin v. Universal International Insurance Agency Inc., and Martin Construction and Restoration Co. v. Universal International Insurance Agency Inc. Those lawsuits were filed against the Ketrons’ family-owned insurance company.

Ketron’s lawyer, Trey Harwell, did not respond to requests for comment.

At around 7 p.m. on Monday, Murfreesboro Police Detective Chris Pitts served the indictments on Ketron at her Murfreesboro home, the department said. She was taken into custody and booked into the Rutherford County Adult Detention Center.

The State District Attorney’s Office selected the Hamilton County District Attorney’s office to prosecute the case after Rutherford County District Attorney General Jennings Jones and his staff recused themselves due to a conflict of interest.

A Rutherford County Circuit Court hearing is set Nov. 25. Court officials said a bail source hearing (to set the terms of bail) will be held at a date and time yet to be determined. All Rutherford County Circuit Court judges have recused themselves from the case, accounting for the delay.

Ketron served as vice president until taking a leave of absence this past summer. Ketron has been fighting state insurance officials’ efforts to revoke her insurance license, which they say is in inactive status.

While the grand jury indictments were initially sealed, The Murfreesboro Post obtained them from the Circuit Court Tuesday morning. The documents refer to Randolph by her maiden name, so that name is being used in the story.

The grand jury’s first true bill indictment is for three counts of aggravated perjury. A true bill is a written jury decision saying the evidence is sufficient to believe the alleged crime occurred and the defendant should be indicted.

Indictment No. 1 alleges that three times on April 9, Ketron “unlawfully, with intent to deceive, make a false statement under oath” during the Calvin lawsuit’s deposition in regard to her license. She was asked if she had a license, and she said “Yes.” She was asked how long she had the license, and she said, “Since 2009, when I went into insurance.” And, she was asked if her license is in Tennessee, and she said, “Yes.”

Indictment, or true bill, No. 2 has nine counts of aggravated perjury. It handles statements Ketron allegedly made during deposition for the Martin Construction lawsuit. Count One alleges that Ketron “did unlawfully, with intent to deceive, make a false statement under oath” regarding questions asked about her holding an insurance license and the license being current.

The second indictment, Counts Two-Four, alleges Ketron gave false answers to questions about checks being re-issued. Count Five deals with a request by the client to give a refund. The question was, “How long was it from that … where she requested a refund until whenever you cut the check?” Ketron said, “It was that day. I put it in the mail.”

Count Six of the second indictment deals with copies of checks. Count Seven concerns a check’s date.  Count Eight concerns with an alleged check stop payment. Count Nine is concerned with another check.

Indictment three has a list of counts: five counts of fraudulent insurance act; five counts of forgery; two counts of fraudulent insurance act; fraudulent insurance act; theft; theft; 14 counts of money laundering and 30 counts of impersonation-licensed professional.

Indictment three alleges that Ketron, while serving as vice president of Universal, “was engaged in certain fraudulent insurance acts perpetrated upon numerous insurers and insurance underwriters with whom Universal both solicited appointment authority to act as agent and also for whom Universal was currently acting with appointment authority as agent.”

The indictment also alleges that Ketron “was engaged in the commission of fraudulent insurance acts perpetrated against Universal’s own policyholders who were induced to believe that they secured insurance coverage for their residences or businesses with an insurer.”

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