All language subtitles for White Collar - 02x11 - Forging Bonds.720p.Web-DL.GFY.English.C.updated.Addic7ed.com

- Peter.
- Hey.

- It's late.
- Yeah.

That's not supposed to be
one of Monet's lost frames?

No. Just trying to clear my head.

Good. About that. Vincent Adler.

Seven years ago,
he ran a huge Ponzi scheme...

and disappeared with a billion dollars.
You knew him?

He's the man who made me
who I am today.

Mm-hm. He's rained hell
down on both our lives.

You knew.
You knew and you didn't say anything?

I just figured it out myself, okay?

I'm trying to reconcile the Adler I knew
with the man responsible...

- For Kate? For Mozzie?
- Yeah.

So let's get him.

Come on.

Start talking.

- I'm not much of a beer drinker.
- That's why I brought you this.

Oh.

- Don't recognize the bottle.
- It costs as much as the beer.

Wow, I don't even need a corkscrew.

Nope.

Okay.

Now...

how do you know Adler?

- It's a long story.
- If we are gonna catch this guy...

just like I caught you,
I need to know everything.

There's too much to tell.

- You're gonna plead the Fifth?
- A few secrets are good, Peter.

- It keeps the mystery alive.
- I get it.

This story includes some stuff...

about crimes I don't know about. Yeah.

No. You're not holding back on me.

We've got all night.

I'll make you a deal.

Full immunity for anything you say...

from this moment
until the sun rises over that balcony.

- Full immunity?
- Did you kill anybody?

- No.
- Then full immunity.

Hm.

All right. Let's start with this.

Mozzie decoded the music box.
It's an equation.

This is what it built.

- It's a fractal.
- Very good.

I've seen one like it before.

- Where?
- In Adler's office when I worked for him.

How did you meet him?

Wanna know about Adler,
we gotta start with Mozzie.

Why am I not surprised?

It was eight years ago.
I was new to the city...

didn't know
the East Village from the West.

All right, follow the lady.
All you gotta do is follow the lady.

I'm mixing fast,
but if your eyes are faster, you win.

Simple as that.

Lady is in the middle.

Got good peepers, pal.

- You wanna double up, buddy?
- Sure.

- Toss them.
You think you can follow them...

but I'm saying that you can't.
It's all a game of you versus me.

All right, here we go. Here we go.
Where is she? Where is she?

Watch her. Watch her. She's a sneaky lady,
but I think she likes you.

- On the right.
- She's back in the middle.

- Are you crazy? She's on the right.
- Hey, it's his money, kid.

Aw. She's sneaking around on you.

Lucky guess. If you're so good at this,
put your own money down.

Gonna bet or walk away?
You.

Yeah, yeah, yeah.

What you got?

All right.

There it is.
- Fifty? Come on, really take this guy.

Time to put up or shut up, kid.

It's up to you.

All right.

Let's go 500.

- Now we're talking.
Five hundred bucks.

- Yeah.
- All right. It looks like I hooked me a whale.

Yeah.

Lookie, lookie, diddle, diddle.
Queen is in the middle.

Follow her fast, follow her slow.
My hands are fast, your eyes are slow.

You see her? Huh?

You see her?
Pick that little lady and you win.

You gotta show me the smile
on the lady's face...

and you walk away with it all.

Ah!

- You sure?
- Yeah, he's sure.

I'm sure.

Fun game, man. Thank you.
You toss the broads really well.

You bet, man.

Hey, buddy.
Lend me a hundred.

Damn it!

- You wanna earn 10 bucks?
- Twenty.

- Seriously?
- You're gonna stiff me this time?

Go, you weasel. Follow that guy.

He's in my training program.

I'm the guy from the park.

I'm not here to give you
hospital time, kid.

Good.
I'm not giving you your money back.

Aw, keep it.

- What's your angle?
- I've been running Find the Lady for years...

and I didn't catch that swap.

Uh-huh.

Where's your partner?

- I left him.
- Why?

I need an upgrade.

Mozzie had a goatee?

- Well, only to distract from his toupee.
- Ooh.

Well, we talked.
Mozz told me about his Detroit days.

Running street cons since he was a kid.

Notice my lack of surprise. What does
any of this have to do with Adler?

Well, he's the reason
Mozzie found me.

These forgeries are exquisite.

Who says it's a forgery?

Given your living conditions, I do.

How did you match the tricolor seal?

- Just eyeballed it.
- By eye?

- Mm-hm.
- Huh.

You are very talented, kid.

With you as my partner...

we could move
way beyond the street hustle.

What did you have in mind?

A long con.

Which, if executed properly...

would enable us to purchase
and retire...

on neighboring, temperate zone islands
in a mere six months.

I just got to the city
and I'm too young to retire.

I'm talking about summiting
the Everest of swindles.

Who's the mark?

Vincent Adler.
- Yeah.

Now this is getting good.

It was the first time
I heard Adler's name.

- What?
- Mm.

Those bonds,
the first time I'd come across you.

- Really? Tell me.
- You're stalling.

No, I'm not. Come on,
we got a long time until sunrise.

We got plenty of beer and this.
So tell me.

- Did you have to fight to take my case?
- It was a real tug of war.

Here's another one for you, Peter.

Stop hoarding all the new cases, Burke.

Bond forgery sent over from N.Y.P.D.

Two phony Atlantic Incorporated bonds
in six months.

Come on. You want it?

- Two in half a year?
- Mm-hm.

- Atlantics have never been forged.
- I'll pass.

All right.

Wow, this is quality work.

So is my kid's drawing on the fridge.
It's all yours.

Okay.

I think this guy has a future.

What was my nickname?

- What?
- Come on. Every case gets a nickname.

Haggin was The Dutchman
before you ID'd him.

- What was my nickname?
- Ohh...

- Don't recall.
- Oh, that's too bad.

Sooner you remember,
sooner we can move on.

James Bonds.

Bonds.

- James Bonds.
- James Bonds. Yes.

- Yes.
- Would you like another beer?

- Yeah.
- Shaken, not stirred?

See? I knew it was a mistake telling you.
Believe me.

Yours was just one file
in a giant stack of cases.

Yeah.

But it was on top.

You weren't that good.

This guy is good.

Honey, are we gonna put this away...

or is that our new coffee table?
- Oh, I'm sorry.

What about this one
getting under your skin?

You really wanna hear?

- Well, of course. Always.
- All right.

Satchmo.

You're tampering with federal evidence.

Wow, that's a forgery?

The seal, the signature,
the security strip.

See, most forgers
are only experts at one aspect.

The man who forged this bond
was capable of bigger things.

He can do it all.

- Well, so can you.
- Mm.

Mm.

- Lose the 'stache?
- Yeah. Sorry, Magnum. I still love you.

I love you too.

- Satchmo. Elizabeth named him?
- How do you know I didn't?

Elizabeth likes jazz, you don't.

Don't forget, I knew a fair amount
about you before it was over.

- Hm. Know thine enemy?
- Know thyself...

you'll win a hundred battles.
- Mozzie's?

- Big student of history.
- Uh-huh.

Tell me how you went after Adler.

He was a big fish.

There he is...

our white whale.

What did you find out about him?

Well, he's the CEO
of Adler Financial Management.

- And he runs their top hedge fund.
- Good. What did he bring in?

- I don't know.
- Never say that. Know everything.

Adler made 150 million last year,
up 8 percent from the prior year.

"Know thine enemy and you will win."
Sun Tzu.

All right.

What's the con?

Well, Adler roots a hefty percentage
of his profits...

into an account
in the Caymans every six months.

- Tax free.
- Exactly.

All we need to reroute his next wire
transfer is two pieces of information.

Account number and password.

That's where you come in.

Where does he keep it?
Personal safe? Deposit box?

His head.
He's too smart to keep it anywhere else.

Can't just walk up and ask him for it.
Impossible.

A wise man once said...

it's fun to do the impossible.
- Bertrand Russell.

Walt Disney. You should read more.

Our clock is five months.

You ingratiate yourself.
Become a trusted friend.

- Then convince him to tell you.
- Why don't you do it?

I'm more the behind-the-scenes guy.

All right, look at me.
And then look in the mirror.

Who has a better chance of charming Adler
at the charity dinner on Friday?

"Antiquities Recovery Project."

It's 5 grand a plate. I can't afford that.

Well, you can if you cash in
a few more of your bonds.

Big mistake.
- Cashing those bonds was a calculated risk.

But it was worth it for the con
we were about to run.

Yeah. But bankrolling them
got us our first visual on you.

I wasn't the only one
who made a mistake that day.

- No, hang on. Hang on.
- Yeah.

Yeah. It was that bank in Midtown.

- Hey.
- Did you get it?

Yeah.

- The teller was a sweetheart.
- Oh, she gave you a sucker.

You know, the irony of that
would not be lost on Alanis Morissette.

This guy is a forger. He's good.

- What?
- Shh. Brooks Brothers suit.

I understand.
So?

That means fed talking
to the bank manager. We gotta go.

If anyone tries to cash these bonds,
call me immediately.

- I never met a fed before.
- Let's keep it that way.

Detain him if possible.

- Absolutely.
- Good.

Excuse me. I couldn't help but overhear.
Are you with the FBI?

Special Agent Peter Burke.

Just took some money out of the bank,
heard you talking about counterfeiting.

Your money is safe.
I'm looking after counterfeit bonds.

I have some bonds at home.
How would I know if they're not real?

I'm sure they're fine.

Thanks again for all the hard work
you're doing, Agent Burke. For you.

Have a good day.

He's not a nanny goat in a petting zoo.
He's a fed.

Within minutes, he could've set up
a five-block perimeter.

Hundreds of trench-coated G-men.

It was worth it. We now know
two things. We gotta move off bonds.

And his name is Peter Burke.

- Know thine enemy, right?
- Fine.

Now, you've got the money
to pay for the invitation.

- What name are you gonna use?
- I don't know.

Halden. Nicholas Halden.

Quaint.

Get yourself a few aliases.
You're gonna need them.

Oh. Pop quiz, hotshot.

- Adler's market strategy, pre-crash?
- Short derivatives. Bullish on commodities.

You've learned much, grasshopper.

Why you filling that bottle
with bargain red?

- Studied Adler's wine list?
- Is that the '91 Bordeaux?

The one year it was corked in the
wrong bottle.

Eight hundred dollars a pop.

I, of course, got this bottle empty.

Best served when the guests are drunk.

And I asked my cleaner
to keep an eye out...

for something in your size.
- Yeah. I don't know if I'm a suit guy.

Eh. You'll be fine.

I really appreciate you for coming. Thanks.

Mr. Adler.

Nick Halden. Nice to meet you.
I brought this from my collection.

- Very generous. Thanks for coming.
- Thanks.

Hey, nice play on the emerging markets
last quarter.

- You really called Russia.
- It all came down to grains, didn't it?

- Yeah.
- Where do you think they're going?

Bull market. For us, not Europe.

I'd say their imports are up 20 percent.

Interesting. Enjoy the party.

Raphael's Saint George
and the Dragon.

That's a powerful piece.

Commodities and art.

You've got diverse interests.

Like you, art is my passion.

You should talk to my assistant.

- Nick Halden.
- Hi.

I'm Kate Moreau.

Hi.

- You like it?
- What?

Oh, yeah. No, it's...

It's breathtaking.

It's my favorite one.

Raphael was a master of balance.

Thick brush strokes for the landscape,
but the skin tones are almost...

translucent.

- Are you an artist?
- I dabble.

I tried. But the romance of being a
starving artist wore off very fast.

You won't find any original Nick Haldens
at a gallery downtown.

- What do you do?
- I'm looking for new opportunities.

Excuse me, sir. May I take that?

Oh, thank you.

You're here to cozy up to my boss.

Yeah. If I worked for Adler,
I can go anywhere. Any advice?

I've seen the seating chart.
And you're nowhere near him.

That's your first challenge.

Hi.

I like a challenge.

Good luck, Nick.

Thanks.

It seems my date has been relegated
to the Buenos Aires table.

You have until the salad course arrives
to tell me what you want.

Go.

I wanna work for you.

In what capacity, other than
your enthusiasm for grains and paint?

Acquisitions.

My team is full.

Cameron Singer,
you're about to buy his firm.

Speculation has been front page
all week.

Pass the bread.

He's been avoiding that woman.

Hannah Fields?
- Next week, Hannah Fields will announce...

her new investment branch.
She's buying out Singer.

He's gonna back out of your deal
and the media will eat it up.

Your company will appear unstable.
It could spook investors.

I'm gonna continue my meal with someone
who looks better in a dress than you.

Look into Singer.
If it turns out I'm right...

call me.

The Singer deal, was it true?

Absolutely. Mozzie and I
had been spying on them.

Adler ditched Singer
and brought me in a month later.

He hired you
to find things for him to buy.

Part of my job was knowing everything
about everyone Adler dealt with.

He had a lot of holdings
and a lot of enemies.

Turns out I had a knack
for rooting them out.

- And Kate was there the whole time.
- Mm-hm.

- Was that when you guys got together?
- No, no. She had a boyfriend.

Mm. Ohh.

- It's not there.
- All right. We'll just have to try again.

Remind me again why I let you
make my favorite necklace disappear.

Because...

you like magic.

Someday you're going to tell me
all of your secrets.

I mean it.

May I?

Maybe someday.

Come out with me on Friday.

I, um...

I have your assignment from Adler.

He wants you to look into this.

Right.

Someone has been looking
into his recent art acquisitions.

Nick.

Michael asked me to move to Chicago
with him.

Chicago.

Are you gonna go?

I am. In a month.

That's a big step.

Yeah. I know.

Well, you'll like Chicago. They...

They have a great art museum
and decent pizza.

A little windy.

Yeah, I've heard that.

I should...

- I need to get back to work.
- I should get this.

- What is this?
It's a fractal.

A mathematical curiosity.

- That was the first time you'd seen one?
- Yeah.

He was obsessed with them.
His were similar to that...

but none was an exact match.
- Okay.

So Kate was going to Chicago
with another guy...

and you were trying to root out
whoever was looking into Adler's stuff.

Keep talking.

- You found the culprit?
She talked her way in.

Mostly interested
in South American acquisitions.

- You got her here?
- Had the foundation feed her a story...

that they were impressed.
She thinks she's here for a job interview.

- Bring her in.
- Yes, sir.

Miss Hunter?

- Alex Hunter. It's a pleasure to meet you.
- Have a seat.

Miss Hunter...

your passion for antiquities is unusual
for such a young woman.

Well, every object has a story to tell.
I find those stories fascinating.

That was almost convincing.

Who are you working for?

I don't work for anyone.

Yet. That's why I'm here.

You can drop the act.

Someone is paying you to get
into my records. Who is that? Tell me.

- Maybe it would be best if we...
- What are you looking for?

There were rumors
you made some big discoveries.

I got curious. I thought you wanted
to share your art with the world.

That's for me to decide.

You accessed my private database.
You made copies of my records.

I should bring charges.

Everybody gets one big mistake in life...

and one opportunity to fix it.

I believe in second chances, Miss Hunter.

I think you're clever enough
to know what I mean.

- Thanks, Nick.
- Grateful to be here, Mr. Adler.

Vincent.

Your hard work deserves a reward.

Thank you.

- I know I don't meet the buy-in, but...
- Nick, come on. We've talked about this.

You know I don't like my people
to invest in the fund.

You've made exceptions.

For you.

Thank you, sir.

You invested your money with him?
- Mm. All of it.

We all did.
He was making us 14 percent.

- You didn't know it was a scam?
- My goal at the time...

was to prove my loyalty.
The job became my life.

Then what happened to Alex?
I know there's more to that story.

You're sweet.

Nice trick.

You got me.

You got off easy.

Too late to apologize.

I'm not gonna apologize.
It's my job to catch you.

It's your job to not get caught.

Fair enough.

What do you want?

Buy me a drink and we'll talk.

Let's go.

Nick Halden, that's a good name.

Not your real one, but I like it.

I recognize a fellow grifter
when I see one, Nick.

All right.

Humor me, Alex.

What were you really looking for?

- Something Adler doesn't have.
- He has everything.

He doesn't have this.

It's a music box.

- Quite the Holy Grail.
- It's worth about as much.

- So Alex turned you on to the music box.
- Yeah. She had been chasing it for years.

- She heard Adler had information on it.
- Did he?

He had a rumor. That it was
at the Amalienborg Palace in Copenhagen.

Said she'd send me a message
if she needed my help.

What kind of message?

A flower.

Did she ever send it?

Yeah. But that's
another part of the story.

Alex disappeared. And Kate...

Well, things changed.

You're taking a sick day?

I'm not allowed to feel lousy?

Every day with Adler counts.

I've already got the siphon.
All we need is the password.

I'll get the password.

You know, I'm sensing your heart
isn't totally into this.

My heart is fine.

Ahh. This is about the girl.
I thought she left for Chicago.

She left today.

It's probably for the best.

Now you can focus.

I gotta go, okay?

Kate. Aren't you supposed to be
in Chicago?

It's a big step...

in the wrong direction.
- Why?

Because you're here.

So you and Adler developed
a connection...

and you and Kate were finally together.
You had it all.

I was eating the best food,
wearing the best suits...

drinking the best wine,
the kind that has corks.

It was the perfect life.

And it was also the perfect lie.
You and Mozzie...

were still working the long con.
- Trying to make the lie real.

But every con has an expiration date.

Adler makes the transfer on Friday.

And you still haven't gotten
the password.

- I said I'll get it, I'll get it.
- Oh, good.

I thought you were having second thoughts
about abandoning...

your new town-and-country lifestyle.

Don't kid yourself.

Kate doesn't even know your real name.
None of them do.

They care about me, okay?

She cares about me.

No. She cares about Nick Halden.
And he doesn't exist.

I hear the suit's been asking around
about you.

He has a sketch.

Where did he get a sketch?

Oh, they always have a sketch
or a print or something.

Look, it's time to finish this job
and move on.

Let's have a look at you.

Never worn a custom suit before.

The fit is perfect.

Except the cuff. The break should be
an eighth of an inch above the shoe.

- Nelson.
- Good eye, sir.

I can't accept this. It's a $10,000 suit.

You can and you will. Some people say
dress for the job you want.

I say dress as the man you wanna be.

Nick, men like you and I,
we have an obligation...

to assault the commonplace
every chance we get.

From the clothes we wear
to the art we collect...

to the women in our lives.

- You and Kate have gotten close.
- Yeah.

You look good together.

How does she feel about it?

There are things about me
that I haven't told her.

I wouldn't worry.

Oftentimes, the things we try and hide
are the most obvious to people around us.

Everything all right?

Nelson, would you excuse us
for a moment? Ahem.

- Of course.
Thanks.

- There's something you should know.
- What's wrong?

I flagged a small irregularity
in your account in the Caymans.

Trace analysis reports were inconclusive.

What kind of irregularity?

- Blips from a random IP address.
- Hacker?

It's probably someone
from the bank confirming.

I'd have to look into the account
to be sure.

You'd need the password.

I'll arrange a time for us to go to the
bank so you can access it yourself.

No, no.

I trust you.

Bank closes at 6.
Burn this when you're done.

Don't sell yourself short.

Kate will love you for who you really are.

As will others.

You like the hat?

I could get used to it.

Are you all dressed up
with somewhere else to go?

No. I just have to be somewhere by 6.
It's a commitment I made a long time ago.

I think that you should blow off
said commitment.

- Yeah?
- Look.

Our violinist agrees.
You are staying here with me.

Look, I promised a friend.
I can't back out of it.

Kate, I'm...

What's wrong, Nick?

I just feel like you and me and all this...

I don't know.

I feel like I could blink
and it'd all be gone.

You just blinked.

I'm still here.

Then nothing else matters.

- You didn't get the password?
- You said yourself this is a long con.

You stepped on the brakes
when you should've leaned in.

It's Kate, isn't it?

I'm in love with her.

- Every conman gets his heart broken once.
- She's not gonna break my heart.

Well...

we'll get him next time.

Love is a temporary madness.

It erupts like an earthquake
and then subsides.

St. Augustine.

- Good. You've been reading.
- A smart guy told me to.

Oh, my God.

- I want more.
- What?

You're insatiable.

- Pizza.
- What?

We have half a Margherita left over
from last night.

Aww.

Wait. Who says you get the sheet?

- No, no, no.
- Yes, I get it.

Fine.

- Mine.
- All right.

- Nick.
- What?

The neighbors could see you.

Oh, hi, neighbors.
Should I give them a little show?

No. Here.

- Look. There.
- I got a hat too.

Now you're presentable.

You like that?

- Put some pants on.

You got the sheet,
don't get the last slice.

- It's only fair.
- Vincent Adler has disappeared.

And with him, hundreds of millions
of dollars of his clients' money.

A preliminary investigation indicates
his investment firm may have been built...

on a giant house of cards.

Securities regulators now claim...

Adler never traded any shares
for client accounts.

If true, Adler's disappearance could prove
to be the brilliant exit strategy...

for one of the greatest financial
frauds of our time.

- Holy cow. You believe it?
- When we return, we'll...

Who'd have figured?

- Nobody smelled this coming?
- This guy took thousands of people...

for their life savings,
including charities.

Clinton Jones.

Word around here is you're putting together
a special white collar task force.

I am.

I've only been here a few months.

Wondering if there were spots open,
if I could get a shot.

You put the Dutchman on our radar?

Yes, sir.
I studied a profile like his at Quantico.

Well, I can't promise anything.
It is a long list.

Agents with more seniority,
you know how it is.

That's not the same sucker you got
from James Bonds last year, is it?

- People talk.
- Nobody gets why I'm holding on to this.

Unfinished business.

I get it.

So Adler disappeared.

- But what about his account?
- There was only a dollar left in it.

The password was an anagram...

for, "Nice try, Neal."

Then what happened with Kate?

- No money, no jobs. It's all gone.
- I know, I know. Hey, hey.

We're gonna be okay.

Just you and me now, right?

That's all that matters.

Come here.

We're gonna get it all back, okay?

Okay.

How?

Look, if we're gonna do this,
I need to tell you something about me.

What?

I'm not Nick Halden.

My name's Neal Caffrey.

You and Kate lost everything.

Adler paid well.
We put it right back into the company.

And why not?
Everything he touched turned to gold.

- He conned us.
- He conned everybody...

and then disappeared. What happened
after you told Kate the truth?

I thought this was about Adler.

Well, I just got a few beers left
and I'm curious.

I taught her to survive.

Stop! Someone stop that guy!

Freeze! Put your hands up!

Hey. Get up.

Officer, this man stole my package.

I did no such thing.

Whoa, be careful. It's a Falcon manuscript
from the 16th century.

Hey, I recognize this guy.

Ohh. How you doing, Smedley?

This guy has got warrants out
in three states.

- Thanks, we can get him off the streets.
- Write him a receipt.

- You can't take that. It's worth a fortune.
- We'll look after you.

Bring this to the 23rd precinct.

- Pick it up from evidence in a few days.
- Days?

Twenty-third.

I'm a little sick of being scalped
every time we pull one of these.

You know, Mozz, you look better
without the hairpiece.

Very handsome.

Hale takes a cut.
We split the rest three ways.

- I don't know, it's not bad.
- Thanks.

- To all this.
- To the best of times.

And...

to our villa up on the C�te d'Azur.

The sun setting over the Mediterranean.

The olive trees whispering in the hills.

Let's do it.

Let's go.

Now?

- You wanna go to France now?
- Yeah.

Look. That FBI agent, Burke...

he's been asking around
about the British pounds.

Maybe... I don't know,
maybe we should take some time away.

Outside the FBI's range. We can start
in Cap d'Antibes while it's still warm.

Work our way up to Paris,
over to Amsterdam, then Copenhagen.

I'm not going to Copenhagen.

Okay. I should've mentioned Alex.

This isn't about Alex, Neal.

You can't just say, "Hey, Kate...

let's go to Copenhagen
for this opportunity Alex told me about."

You just tried to con me.

I made a mistake, okay?

I'm doing this for us.

That music box is worth a fortune.
It can give us the life we want.

You went to Copenhagen without her.

Yeah. The box was there.

But it was a three-person job.
Without Kate, it fell apart.

Alex ended up in a French hospital
and I barely escaped.

But someone at the palace
pointed the finger at you.

Everyone thought you had the box.

I didn't correct them.

Sure, it gave you great street cred.

- I came back to New York.
- Kate was gone.

She learned something from me.

Because she disappeared.

I started running big cons.

I guess I was trying to get her attention.

Well, you certainly got ours,
Steve Tabernacle.

- You knew about Steve?
- We knew a lot of things.

Before returning to New York,
Caffrey popped up in Denmark and France.

- He's not afraid to cross borders.
- He does his homework.

We flagged his aliases
at all points of entry.

I mean, we get a hit,
we throw up roadblocks.

No, he'll never use the same ID twice.
Tell me something I haven't heard.

What about you? Agent?

Berrigan.

You're on the run. How do I catch you?

Stake out my girlfriend?

Caffrey has one, right?

- We think they split up.
- We know where she is.

Does she know we're on to her?
- No.

- Never had enough on her to bring her in.
- And he hasn't gone anywhere near her.

Hang on. It took us months to catch her
and she never stays in the same place...

for more than a week.
She's hiding from him.

He doesn't know where she is.

Hey. Rubies in Burma.
I'm gonna need a bush plane to get...

- Oh, no. Did your pigeon die?
- No. Estelle's fine.

Best homer in the city.

Then what?

I received some news.

Some information has surfaced
on the street.

Kate?

You have to understand.

- It comes from a highly unreliable source.
- Where is she?

- His name is Jimmy the Snitch.
- I need a location.

- Neal, this smells like a trap.
- I don't care. I need to see her.

It's a storage facility.
She'll be there this afternoon.

All right, thanks.

Neal.

Be careful.

Forging Raphael.

You've gotten good.

- I heard the real painting was stolen.
- I hoped it would get your attention.

It did.

I missed you.

I lied to you about a lot of things, Kate,
but I never lied about loving you.

I believe you.

I love you too.

How did you find me?

Mozz heard you were fencing
Mauritian penny stamps.

I quit dealing in stamps.

It's okay.

FBI! Hands on your head!

- Agent Burke.
- Neal Caffrey.

You're under arrest.

I know.

Thank you.

I never would've found her without you.

It's my pleasure.

So you guys were all
in that municipal van out front.

It's gotta be uncomfortable.

It doesn't smell too good either.

And you know the rest.

- All right. What do we do next?
- We find Adler.

He's the key to this thing.

Well, I've looked. His trail didn't go cold.
Peter, there is no trail.

I caught you when I found out
what you wanted most.

We know what he wants most.

- The fractal.
- Yeah.

What is this?

You have any ideas?

Must mean something.
Must point somewhere.

- Are you telling me the truth, Neal?
- Why do you ask?

I only know one of your friends
who's into origami.

Alex has been here.

And this receipt is from today.

What does she think it is?

It's a fractal antenna. In everything now.
There's one in your cell phone.

And this shape corresponds
to a specific frequency...

for an emergency beacon.

- An emergency beacon?
- Mm-hm.

You're telling me that if we build a real
one of these and we hook that to a radio...

Gonna lead us to a boat or a plane
or something that disappeared in the 1940s.

Something worth killing two people?
Something worth all this?

It's worth it to Adler.

Then I guess we have to find it first.