A novice con man teams up with an acknowledged master to avenge the murder of a mutual friend by pulling off the ultimate big con and swindling a fortune from a big-time mobster.

The last wish of Vito Fonseca dying is to be buried in his native Naples. And so it is. When the young and beautiful wife Fanny arrives in Naples, she discovers that her husband had a son, Ferdinando, a wife and a villa of which he is the sole heir.

Hooker and Gondorf pull a con on Macalinski, an especially nasty mob boss with the help of Veronica, a new grifter. They convince this new victim that Hooker is a somewhat dull boxer who is tired of taking dives for Gondorf. There is a ringer. Lonigan, their victim from the first movie, is setting them up to take the fall.