A friend wants to open a business in my name. I don’t have to do any of the work, but he just uses my identity on all the paperwork. He and his millionaire friends all do this all the time, and now he wants me to become one of his puppets. Is this actually legal? What kinds of liabilities would I be opening myself up to by agreeing?
Throwaway account, I’m terrified for him to know
Are you a veteran, minority or woman? Perhaps your ID is being leveraged fraudulently to get contracted work through set asides? Sounds fishy. I wouldn’t do it. The penalties for many of these, especially as a federal contractor can be pretty severe.