Many banks will reject the deposit if the name on the deposit does not match the name on the account, as others have said. The IRS would then mail a check to the address on your tax return. But that takes at least several weeks, so it delays your refund.
Some banks will accept the deposit, even though the names don't match. In that case, the money then belongs to your friend. How certain are you that your friend will turn it over to you? If the friend does not give you the money, you have no legal recourse.
