I'm a US taxpayer (non-resident alien) and I'm being pushed by a friend to do the following:
- He will transfer 40k from a US bank account that he owns to my personal account.
- I will withdraw this amount and hand it back to him in cash.
- He will take this money outside the US.
Now, I know this is a terrible idea, and sounds totally illegal. I will NOT proceed with his plan, but I want to reject his proposal backing up my arguments with IRS information. Is there official documentation that says why this cannot be done?