As a summer to remember begins in the Hamptons, new arrival Emily Thorne dazzles the members of high society by making herself known in the exclusive social circle of Grayson Global CEO Conrad Grayson and his socialite wife Victoria. But it soon becomes clear that the beguiling young philanthropist has a dark past. Emily was once known as Amanda Clarke, a young nine-year-old whose life was torn apart when her father - Grayson Global hedge fund manager David Clarke - was falsely accused of channeling money to a terrorist organization responsible for the downing of a commercial airliner. Now living under an assumed identity, she is determined to seek vengeance on the people who destroyed her father's life - the two main conspirators being Conrad and Victoria Grayson - by making their lives come crashing down around them. Because when everything you love has been stolen from you, someone has to pay.

In the mid-1990s, two inmates bury the burned bodies of two lifers at Mississippi's infamous Parchman Farm; a third old-timer relates their story. They'd served 65 years for a murder they didn't commit, framed by a local sheriff while buying moonshine whiskey for a Manhattan club owner to whom they owed money. In flashbacks we see this odd couple thrown together (Ray is a fast-talking con man, and Claude is a serious man about to start work as a bank teller), the loss of Ray's watch (sterling silver, from his daddy), the murder and trial, the hardships of Parchman, and the love-hate relationship of Claude and Ray as they spend 65 years bickering and looking for a way to escape.