First Group Holding (firstgroupfinance.io) Scam Warning: AFM Flags Investment Platform

A British company number belonging to an established FirstGroup corporate entity and a New Zealand business number registered to an entirely different company both appear on firstgroupfinance.io. Those corporate details are being used by an investment website that promises “guaranteed” daily income and has now been identified by Dutch financial authorities as a suspected boiler room.

The regulatory intervention is direct. On August 27, 2026, the Netherlands Authority for the Financial Markets (AFM) warned consumers not to accept offers from First Group Holding. The warning identifies the exact domain firstgroupfinance.io, the email address support@firstgroupfinance.io and the Aberdeen address displayed by the website.

The warning has also been reported through IOSCO’s International Securities & Commodities Alerts Network (I-SCAN). In addition, Norway’s Finanstilsynet published a First Group Holding notice in September 2026.

AssetVault’s investigation found concerns extending well beyond the regulatory warning. First Group Holding advertises guaranteed daily income, returns of up to 38%, cryptocurrency deposits, trading loans and commissions for recruiting other investors. At the same time, official corporate records do not support the impression created by the registration numbers displayed on the website.

AssetVault Recovery considers First Group Holding and firstgroupfinance.io a scam investment operation. Anyone who has already transferred cryptocurrency to the platform should stop additional payments and preserve the actual transaction trail.

Already invested through firstgroupfinance.io? Submit the wallet addresses, TXIDs and payment records connected with your First Group Holding account for review and recovery options.

No upfront recovery fees. Fees are payable only after a successful recovery.

AFM Warns Consumers Against First Group Holding

The Authority for the Financial Markets (AFM) describes First Group Holding as a suspected boiler room—a form of online investment fraud—and explicitly advises consumers not to accept its offers.

The regulator records:

• Name: First Group Holding
• Domain: firstgroupfinance.io
• Email: support@firstgroupfinance.io
• Address: 395 King Street, Aberdeen, AB24 5RP, United Kingdom

This eliminates an important source of uncertainty: the warning concerns the exact investment website examined in this investigation, rather than another company with a similar name.

The alert has subsequently appeared through IOSCO I-SCAN, which circulates securities and investment warnings internationally. That should not be interpreted as a separate IOSCO enforcement action; the suspected-boiler-room finding originates with the AFM.

Norway’s Finanstilsynet has also published a notice concerning First Group Holding. AssetVault has not, however, verified a separate warning from the UK’s Financial Conduct Authority naming firstgroupfinance.io, so this investigation does not attribute an FCA warning to the platform.

First Group Holding Promises “Guaranteed” Daily Income

The website’s own investment pitch contains unusually aggressive return claims.

Firstgroupfinance.io advertises “Guaranteed income from 1.6% daily” and promotes a rate of return of up to 38%. It also claims more than 50,000 verified users, over $1.8 million in daily trading volume and activity across more than 100 countries.

First Group Holding says it trades cryptocurrency and blockchain ventures using automated portfolios. It also promotes what it calls “military grade security wallets.”

Those representations become particularly important after an official regulator has identified the same website as a suspected boiler room. A displayed account balance or promised percentage return is not evidence that genuine trading occurred or that corresponding assets exist.

AssetVault has seen similarly important differences between a platform’s polished presentation and its regulatory status in investigations such as Infinite Markets and Ava Global Trade Center.

The UK Company Number Belongs to FirstGroup US Finance Limited

One of the strongest findings concerns the corporate information displayed in the footer of firstgroupfinance.io.

The website gives the UK company number:

SC330060

But official UK Companies House records identify SC330060 as FIRSTGROUP US FINANCE LIMITED, an established British company—not an investment platform registered as “First Group Holding.”

The address is equally significant. First Group Holding displays:

395 King Street, Aberdeen, AB24 5RP

FirstGroup plc’s own corporate records have identified FirstGroup US Finance Limited (SC330060) at precisely that Aberdeen address.

In other words, the company number and address shown on firstgroupfinance.io correspond to a genuine corporate entity associated with the established FirstGroup group.

AssetVault found no evidence establishing that FirstGroup US Finance Limited operates firstgroupfinance.io or the investment scheme advertised there.

This is why a genuine registration number on an investment website should never be accepted as proof that the website belongs to the registered company. Corporate details can be copied.

A related identity problem was central to AssetVault’s AVCS Systemgroup Securities investigation, where apparently legitimate corporate information required comparison with the actual entity behind those records.

The New Zealand Number Belongs to Yet Another Company

The corporate discrepancies do not end in Britain.

Firstgroupfinance.io also displays:

NZBN 9429047643567

New Zealand company information identifies that number as belonging to NZ TRADE FINANCE LIMITED, a company registered on August 26, 2019.

Its registered office is listed as 1 Wesley Street, Pukekohe, New Zealand, and company information identifies Craig Alexander Urquhart as a director. No website is listed in the available company record.

Therefore, firstgroupfinance.io presents a British company number belonging to FirstGroup US Finance Limited and a New Zealand business number belonging to NZ Trade Finance Limited while presenting itself to investors as First Group Holding.

That combination creates a serious corporate-identity concern independent of the AFM’s boiler-room warning.

The Website’s “Board of Directors” Raises More Questions

First Group Holding attempts to reinforce its corporate presentation with an extensive “Board of Directors” section.

The website presents people including David Martin and Graham Sutherland as senior figures and supplies detailed professional biographies.

But official Companies House records for SC330060 do not support the impression that this is the board governing the company whose registration number the website displays. Current corporate records, for example, identify James Thomas Bowen as a director of FirstGroup US Finance Limited.

AssetVault is therefore not presenting the individuals pictured or named by firstgroupfinance.io as proven operators of the investment platform. The important fact is the discrepancy between what the website presents and what official records for its claimed company number show.

“Equity Trust” and “Green Earth” Appear Inside First Group Holding’s Content

There are also signs that portions of the website may have been assembled from material associated with other names.

On a page supposedly educating First Group Holding customers about cryptocurrency, the text abruptly states that “Equity trust was founded” on a particular belief about blockchain and digital currencies.

Elsewhere, an NFP trading article tells investors that they can trade various asset classes with “Green Earth.”

Neither name fits naturally into material presented as First Group Holding’s own content.

AssetVault cannot determine solely from those passages where the material originated. However, the presence of unrelated brand names inside the website is a legitimate concern when evaluating whether its claimed history, expertise and corporate presentation were created specifically for First Group Holding.

The Website Claims a History That Predates Its Domain

Another inconsistency appears in the site’s timeline.

Public WHOIS-derived information records January 22, 2025 as the registration date for firstgroupfinance.io. The registrant information is obscured.

Yet pages on the website display:

© Copyright 2019-2022 firstgroupfinance.io

That copyright presentation predates the registration of the current domain by years.

A newer domain does not automatically mean a business is fraudulent. But the discrepancy becomes much more relevant when the same young website is using corporate identifiers belonging to other companies and has subsequently been identified by the AFM as a suspected boiler room.

Crypto Deposits and a 5% Referral Commission

First Group Holding’s funding instructions are especially relevant for victims.

Its FAQ tells customers to choose a deposit method and transfer funds from their digital wallet to a cryptocurrency address supplied through the account. Users are then instructed to provide proof of the transaction so their account can be credited.

The website also promotes a referral program promising users 5% of the deposit made by someone they introduce.

First Group Holding further advertises “trading loans” that supposedly provide an additional 50% in loan capital to verified users.

These features create several potential transaction paths that should be reconstructed carefully. Anyone who deposited cryptocurrency should preserve the actual wallet address supplied by the platform rather than relying only on a screenshot of their First Group Holding dashboard.

Reports of Withdrawal Problems Have Emerged

Public reports from German investment-fraud lawyers describe complaints involving firstgroupfinance.io in which investors allegedly encountered blocked withdrawals and demands for additional payments.

Those reports are victim allegations and are not findings made by the AFM, IOSCO or Finanstilsynet. AssetVault therefore treats them separately from the confirmed regulatory evidence.

They nevertheless reinforce the importance of stopping before sending further money if a withdrawal suddenly requires another tax, commission, insurance payment, verification charge or account-release fee.

The amount displayed on a trading dashboard is not the same thing as recoverable money. The actual payment trail—particularly cryptocurrency TXIDs and receiving addresses—is considerably more useful when investigating where the funds went.

If You Paid First Group Holding, Preserve the Real Money Trail

If you transferred cryptocurrency through firstgroupfinance.io, save:

• every TXID or transaction hash;
• all receiving wallet addresses supplied by First Group Holding;
• the cryptocurrency and blockchain network used;
• exchange withdrawal records;
• dates and amounts of each transfer;
• screenshots of your First Group Holding account;
• withdrawal requests and responses;
• emails from support@firstgroupfinance.io;
• WhatsApp, Telegram or other conversations; and
• any subsequent demand for additional payment.

Public blockchain records may allow investigators to follow cryptocurrency beyond the initial destination and determine whether it moved through additional wallets or identifiable services.

This transaction-first approach is particularly important in crypto cases such as Vaulterro, where the movement and control of digital assets can be more informative than representations made inside the platform.

AssetVault’s Assessment of First Group Holding

The evidence surrounding firstgroupfinance.io presents several independent warning signs that converge on the same operation.

The Authority for the Financial Markets (AFM) has warned consumers not to accept its offers and describes First Group Holding as a suspected boiler room. The warning has been reported through IOSCO I-SCAN, while Norway’s Finanstilsynet has also published a First Group Holding notice.

Beyond those alerts, the website promises guaranteed daily income, accepts cryptocurrency, rewards referrals, displays a UK company number belonging to FirstGroup US Finance Limited and a New Zealand number belonging to NZ Trade Finance Limited, contains unrelated company names within its content and displays a copyright history predating the current domain.

AssetVault Recovery considers First Group Holding and firstgroupfinance.io a scam investment operation. Investors should not send additional funds to the platform or make further payments simply because they are told doing so will release an existing balance.

Lost Money to First Group Holding? Review Your Recovery Options

For victims, the priority is establishing where the money actually went. Cryptocurrency transfers can leave an independently verifiable blockchain trail even when a platform disappears or stops communicating.

Preserve the original evidence before closing accounts, deleting messages or losing access to the dashboard.

👉 Request a confidential First Group Holding case and transaction review

👉 Submit your firstgroupfinance.io wallet addresses, TXIDs and payment records for tracing and recovery assessment

No upfront recovery fees. Fees are payable only after a successful recovery.

Disclaimer

This investigation is provided for scam-awareness, investor-education and informational purposes. The Authority for the Financial Markets (AFM) identifies First Group Holding and firstgroupfinance.io as a suspected boiler room. Reporting through IOSCO I-SCAN reflects international circulation of regulatory warning information and is not described as a separate IOSCO enforcement action. References to Norway’s Finanstilsynet concern its publication of a First Group Holding notice. AssetVault has not attributed an FCA warning to firstgroupfinance.io because an exact FCA alert was not independently verified. Corporate-record findings and AssetVault Recovery’s conclusion that firstgroupfinance.io is a scam investment operation are presented separately from regulator findings. AssetVault Recovery is not a financial regulator, law-enforcement authority or court. Case assessment does not guarantee recovery of lost funds.