$1 million in bounced checks a lesson or two for all of us

The arrest last week of former NBA player Antoine Walker for allegedly writing $1 million in bad checks offers two lessons worth following. And if you don't follow them at home, then at least take care in Nevada:

  1. If you mistakenly think you have enough money in your checking account to cover a check and you don't, you can go to jail. At least in Nevada.

  2. Don't write checks to cover your gambling habit. Use a debit card.

Walker is accused of bouncing 10 checks totaling $1 million between July 2008 and January 2009 at Caesars Palace, Planet Hollywood and Red Rock Resort in Las Vegas. Unpaid casino markers, or loans to gamblers, are treated as bad checks in Nevada.