A building developer is set to plea guilty of bank fraud and conspiracy to commit bank fraud. Eric Tauer, who owned Royal Haven Builders, has admitted his role in committing $217 million in bad checks.

Tauer admitted that he performed a bad job in handling the companies finances, you think? Why didn’t someone at his bank clue in earlier to his criminal activity? Are the banks that stupid to allow someone to write 2772 checks that bounced and not catch it? Funny they can allow for this kind of behaviour, but the lonely consumer who returns the odd check gets crucified by their bank for writing a check without sufficient funds available to cover. Guess it’s who you know.