Yes, you certainly wouldn't want to help anyone without first doing a full background check. It might turn out that they have an unpaid traffic ticket, a bad credit rating, or lost passwords.
Submitting his tax records, bank account and credit card numbers, a list of known associates and the length and girth of his penis, should get the process off the ground.
Please stand by so that MacRumors can help you further.
There's no decent Mac software for password recovery. It's a glaring hole in the market. There are dozens of programs for Windows, have your buddies run them for you.