Squizzy makes a name for himself with a successful jewelry store robbery, but when he plans to hold up a bank manager, things don't go quite as smoothly.

To get off a murder charge, Squizzy and his boys will have to persuade a few witnesses. And what will he do with his freedom? Keep building his empire by getting in bed with Long Harry Slater.

Squizzy starts a deadly turf war and becomes the undisputed king of Melbourne's underworld. Dolly is heartbroken when Squizzy leaves her for a startstruck waitress.

Squizzy's gambling empire is threatened when rival Henry Stokes returns from exile. Tankbuster sends a deadly message to a nosey detective and Squizzy hosts the most lavish and debauched party the city has ever seen.

Following the death of his baby girl, Squizzy begins to spin out of control. Squizzy rediscovers his mojo when he meets new love Ida Pender and they embark on a crime spree together.

The old gang is reformed when Squizzy and Tankbuster bust Angus out of Pentridge Jail. Angus's new-found freedom is short lived when a botched armed robbery leads him straight to the hangman's noose.

After being released from prison a broken man, Squizzy vows to turn over a new leaf. Squizzy's attempt to go straight is short lived when he goes into the cocaine business with his former enemy Long Harry.