One who writes bad or dishonored checks, especially out of habit or as a criminal profession. Sometimes hyphenated. Apparently there's been a paper layer passing through the state, depositing bad checks on Fridays and then skipping town before the banks are open on Monday. He was a paper-layer for a while back in college. Nothing too serious, mostly just did it to pay for groceries or school supplies when he was low on cash.
See also: paper