This article examines how friends’ involvement in crime influences such involvement in those around them, as offenders or victims, and the extent to which such friendship effects vary with contact frequency, friendship intimacy, and geographical proximity. To test our hypotheses we used four waves from the Dutch panel survey CrimeNL, which includes ego-centered network measures in each wave for respondents aged between 16 and 45. To test our hypotheses, fixed-effects panel models were employed. The results show that living in close proximity to delinquent friends increases people’s own risk of offending, and daily interaction with these friends decreases the risk of victimization. Victimization is also communicated among friends in their daily interactions. These findings stress the need to consider factors that condition how friendships exert influence on the risk of crime involvement.