Neal agrees to Peter's terms, but he quickly befriends well-to-do widow June and trades in his FBI provided motel-room for her palatial Manhattan mansion. June also outfits Neal with a closet full of her late husband's designer suits. Neal is definitely living the good life, much to Peter's chagrin.

Peter can't deny that he and the con man make a good team. After the FBI seizes a shipment of antique books headed for the Dutchman, Neal and Peter realize the counterfeiter is using antique paper from the books to forge hundreds of rare 1944 Spanish Victory bonds. With most of the real bonds rumored to have been lost forever, the Dutchman would stand to make millions. Neal's expertise pays off when his shadowy contact Mozzie helps them identify the Dutchman as Curtis Hagen, a talented art restorer who's own work never took off.

Neal and Peter pay Hagen a visit but the savvy forger recognizes Neal and books a flight out of the country in a week's time. Another tip leads the duo to Hagen's waterfront warehouse but they still need a warrant to take him down.

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