He gave me a personal loan of one million dollars by transferring it to an investment account in my name, therefore I would collect the interest and therefore I would have to pay the tax on the interest. He did this so he wouldn't have to pay the tax to the ATO. Fair enough but now he wants the money back and he is a multi millionaire - do I have to give the money back? He says he is going to get a solicitor onto me to make me pay it back. Where do I stand?