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State suspends business license of late governor's son

Reported by: Amber Dixon
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Updated: 4/26/2013 7:01 am
LAS VEGAS (KSNV MyNews3) -- The son of a beloved Nevada governor could soon be out of business.

The state suspended the license of hard money lender Jeff Guinn, son of late former Nevada Gov. Kenny Guinn.

The state's mortgage lending division says Guinn's company -- Aspen Financial -- posed an imminent risk to public welfare.

Some investors of aspen financial say Guinn put their finances in danger, and some worry they may never recover from the damage.

“It makes me feel a little better in that at least he's not profiting from the misfortune of all the hundreds of people if not thousands that invested with him,” said Cheryl Rogers Barnett, an upset investor.

News 3 reached out to Guinn and his attorney for a response to these allegations but neither returned our calls or emails.

In the past, Guinn's lawyers have said that this is all just a result of bad economic times.

A hearing for the state to revoke his license is May 15.


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