A friend is at risk of losing their disability if they continue working. They continue working because they can't pay off their remaining debt and live off of disability alone. Apparently, their solution (or a solution given to them by their accountant?) was to ask someone to have an E.I.N. for their L.L.C. put in their name, instead. This would be a 2 or 3-year deal until they could finish paying off their debt, then live off of disability.
I am completely out of my wheelhouse on this, but red flags were popping off left and right. The more someone is trying to reassure me, the more suspicious I get. Supposedly, "all [I] need" is a name, address, and Social Security Number for this.
Never minding the fact that I have no idea what this would do to me, financially (e.g., credit score, entities suddenly seeing my annual salary doubling, etc.), this is 100% fraud, correct?
He seems assured this isn't bad in any way, so having something concrete to back up my "No" answer would be nice (e.g., you know, like... "No, that is fraud").
Thanks!
Submitted September 18, 2023 at 11:18PM by Metallica93 https://ift.tt/z0F9vbR
