##### 



Exhibit 31.2

CERTIFICATIONS

I, John W. Alderfer, as the Chief Financial Officer of Vestin Group, Inc.,
certify that:



|1. |  | I have reviewed this report on Form 10-QSB of Vestin Group, Inc.;
|-- |  | -----------------------------------------------------------------



|2. |  | Based on my knowledge, this report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
|-- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|3. |  | Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of
Vestin Group, Inc. as of, and for, the periods presented in this report;
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|4. |  | Vestin Group, Inc.s other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for Vestin Group,
Inc. and have:
|-- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (a) |  | Designed such disclosure controls and procedures, or caused
such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to Vestin
Group, Inc., including its consolidated subsidiaries, is made known
to us by others within those entities, particularly during the
period in which this report is being prepared;
| | --- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) |  | Paragraph omitted pursuant to SEC Release Nos. 33-82377 and
34-47986;
| | --- |  | ---------------------------------------------------------------------



| | (c) |  | Evaluated the effectiveness of Vestin Group, Inc.s
disclosure controls and procedures and presented in this report our
conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this report based
on such evaluations; and
| | --- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (d) |  | Disclosed in this report any changes in Vestin Group, Inc.s
internal control over financial reporting that occurred during
Vestin Group, Inc.s most recent fiscal quarter that has materially
affected, or is reasonably likely to materially affect Vestin Group,
Inc.s internal control over financial reporting; and
| | --- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



|5. |  | Vestin Group, Inc.s other certifying officer and I have disclosed, based
on our most recent evaluation of internal control over financial
reporting, to Vestin Group, Inc.s auditors and the audit committee of
Vestin Group, Inc.s board of directors (or persons performing the
equivalent functions):
|-- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (a) |  | All significant deficiencies and material weaknesses in the
design or operation of internal controls over financial reporting
which are reasonably likely to adversely affect Vestin Group, Inc.s
ability to record, process, summarize and report financial
information; and
| | --- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (b) |  | Any fraud, whether or not material, that involves management
or other employees who have a significant role in Vestin Group,
Inc.s internal control over financial reporting.
| | --- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Date: November 14, 2003

/s/ John W. Alderfer

John W. Alderfer
Chief Financial Officer
Vestin Group, Inc.