Released from prison early, a Puerto Rican crook buys a nightclub and decides to go straight - but his cronies and enemies pull him back to the dark side.

A free man after years in prison, Carlito Brigante (Al Pacino) intends to give up his criminal ways, but it's not long before the ex-con is sucked back into the New York City underworld.

Reconnecting with his dancer girlfriend, Gail (Penelope Ann Miller), Carlito gets entangled in the shady dealings of his friend Dave Kleinfeld (Sean Penn), who also serves as his lawyer. When Carlito and Kleinfeld run afoul of shifty gangster Benny Blanco (John Alberto Leguizamo), it sets them on a dangerous path.