In this episode of the Falcon, Tom Lawrence is investigating a theft of war bonds and murder. Considering it was made during WWII, it isn't surprising that they added the patriotic angle--something that happened in other similar films, such as some of the Sherlock Holmes and Charlie Chan movies.
This is a pretty good Falcon movie that stars Tom Conway (real-life brother of George Sanders who had played the Falcon in several earlier films). While not his best of the series (for example, I liked THE FALCON AND THE CO-EDS and THE FALCON'S BROTHER just a bit more), it was enjoyable and engaged me. However, no matter how good this film was, I found myself comparing it to the earlier Sanders films again and again. While there is a lot of similarity between the actors (both physically and in their melodious voices), the earlier films seemed to have a bit more energy and charm--probably because by now the series seemed a bit formulaic and predictable. Still, for a B-detective series film from the era, it's slightly better than average and is definitely worth a watch.
By the way, the Harriet Hilliard who plays one of the ladies that turns the Falcon's head is the same Harriet from "The Ozzie and Harriet Show". While competent in the film, she didn't seem especially like the ladies the Falcon usually fell for or rescued.