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What’s the catch to this?

A friend of mine posted on his story that people who had a Tennessee ID (state I live in) and wanted to make money needed to hit him up. I don’t know him super well but I thought I’d ask him about it because I was curious. He said you make an account on this site called id. me, and then send him a pic of your ID and social security and he has a friend that sends that info somewhere to see if you qualify for money. He said it’s dependent on your credit and work history if you’re accepted or not. He assured me it’s not illegal, and that’s really all he said about it. I just know this is sketchy and I’m trying to figure out wtf they’re doing? I’m not going to give him my info obviously. Anyone know what they may be up to?
What’s the catch to this?
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