<prompt> Human: Hi rpersonalfinance! Im hoping you can help me out as Im not entirely certain whether this is a finance or legal question... A little background. My brother has been on welfare for a few years due to being injured at work he was a brick layer and injured his back and welfare checks have been his only source of income for that time. He has since started dabbling in Bitcoin and has amassed a total of 27,000 in profit. Since he is on welfare he has asked that I open a bank account and have him transfer the money into that so that I can get a bank check and send it to him as a loan so that it doesnt appear as a form of income to welfare. Obviously after the money has been cleared from the account I will close it. He has stated that I can keep a part of that money for when tax time comes as it would be considered income for me, which I see as fair. Now what Im wondering is how legal this is? Im not very educated in tax and Bitcoin and welfare so Im hoping someone on here can help me. Thanks! EDIT Thanks for everyone who responded. Im definitely going to tell him to piss off. I dont need any of the drama that would come from his little scheme and Ill be sure to warn my sister and my parents just in case he tries to pull a fast one on them as well. Assistant: Textbook fraud - tax evasion! What you do is up to you, but you are equally culpable if its found out.Human: thanks for your reply. It did sound a bit odd and I dont really want this effecting my tax. Is it worth consulting a local accountant or is it definitely fraud?  <response>: 100 fraud. And will most DEFINITELY leave a paper trail back to you. 