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White Collar: Diminishing Returns

With Neal and his team's help, Peter surreptitiously investigates a brilliant thief who has avoided the FBI's capture for years.

Source: USA Network

Episode Info

Episode number: 4x3
Production Number: BCW403
Airdate: Tuesday July 24th, 2012

Alternate Airdates:

AU (one) Aug 21, 2013

  • Currently 8.5/10
8.5/10 (15 Votes cast)


Guest Stars
Brett Cullen
As FBI Agent Patterson
James Rebhorn
As Reese Hughes
Judith Ivey
As Ellen Parker
Michael Weston
As David Cook
Laurie J. Williams
As Rina Oaks
Main Cast
Matthew Bomer
As Neal George Caffrey
Tim DeKay
As FBI Special Agent Peter Burke
Willie Garson
As Mozzie
Marsha Thomason
As FBI Agent Diana Barrigan
Sharif Atkins
As FBI Agent Clinton Jones
Tiffani Thiessen
As Elizabeth Burke


The episode begins with Neal looking at himself in the mirror and thinking about recent events that have transpired. He shaves, puts on a suit and smiles at himself. It's Neal's first day back and it is also revealed that Peter is going to be re-assigned. He'll find out where, later in the week. Later, Peter is informed that he is being sent to the evidence warehouse ‘The Cave’. Peter is also informed that, Jones and Diana will handle his caseload and his team will manage Neal. Peter is visibly displeased with his new assignment, but plays along. Later, on his first day, Peter meets supervisor Agent Patterson, who seems to be a stickler for the rules from the look of things. ..

Read the full recap
Warning: White Collar season 4 episode 3 guide may contain spoilers
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