Neal Caffrey, a con man, forger and thief, is captured after a three-year game of cat and mouse with the FBI. With only months left serving a four-year sentence, he escapes to look for Kate, his girlfriend. Peter Burke, the FBI agent who initially captured Caffrey, finds and returns him to prison. This time, Caffrey proposes a deal with the FBI, as part of a work-release program. After some hesitation, Burke agrees, and thus begins this unconventional arrangement where Caffrey helps Burke apprehend white collar criminals.

Somewhere in Southern California, in a drug raid run by the US government, a beachfront property was seized and turned into a residence for undercover cops. They are all top agents of the DEA, FBI, and Customs and they are living in this house unofficially known as “Graceland”. “Graceland” is a place full of secrets, and bad, good, and blurred moments too. The only idyllic thing is its outside look, but the lives of its residents are nothing like it. The lies which are in the base of their undercover work, are formed a web of lies that pervades everything. Coming of a new graduating at the top of his class, FBI rookie, Mike Warren, could make the life of a legendary FBI agent Paul Briggs and the others, more complicated or it could reveal the truth. It is based upon actual events.