Michael keith burchyett

A Franklin real estate agent was sentenced to 90 days in jail and 10 years probation after agreeing to a plea deal for his role in cheating a Chinese national who was considering buying a house in Franklin earlier this year.

Michael Keith Burchyett, 43, was initially charged with theft of property between $ 60,000 and $ 250,000, felony, $ 250,000 or more and money laundering, following a grand jury indictment County of Williamson in April 2021 and an investigation by the Franklin Police Department.

On Friday, December 3, Burchyett agreed to a plea deal with prosecutors who saw him plead guilty to the lesser charge of theft over $ 60,000 – a Class B felony – while the other two counts charges were dropped as part of the plea deal.

Burchyett initially faced between 15 and 20 years in prison if convicted on all three counts, but he will now serve his 90-day stay in Williamson County Jail starting Jan. 3, 2022.

According to the indictment, the charges date back to May 2018, and prosecutors detailed the plan during the plea hearing.

According to Assistant District Attorney Carlin Hess, it started in May 2018 when a Chinese resident by the name of Xiaoyun Gao retained Burchyett as a real estate agent in order to buy a house on Jetson Court in Franklin.

“Mr. Burchyett took the funds totaling $ 495,000 and purchased the residence for himself through his company, MKB Holdings LLC,” Hess told the court. “He then provided Ms. Gao with a deed fraudulent warranty making her believe that she in fact owned the property. “

Hess said Burchyett then sold the property the following month through Open Door, an online residential real estate company, for $ 447,000.

“Sir. Burchyett further tricked Ms. Gao into believing that she had purchased the property over the next several months by acting as the rental agent for the property and sending her what she believed to be the proceeds of the income. rental, “continued Hess.” Ms. Gao discovered the fraud when she attempted to pay property tax on the residence.

In addition to Burchyett’s jail term and probation period, he also agreed to pay restitution to Gao in the amount of $ 495,000 – of which $ 300,000 was paid on Friday – as well as annual payments of $ 19,500 to be paid until restitution is paid in full. .