The Alfred Hitchcock Hour - Season 3 Episode 19 : Wally the Beard 1965

Walter Mills is shocked when his fiancee dumps him. When she tells him he is too dull, Walter decides to change his image. He buys a wig and a beard and pretends to be Philip Marshall. As Philip he meets Noreen Kimberly. He promises to teach her how to sail. Noreen's boyfriend Curly, however, becomes angry and does some digging. He finds out that Philip is really Walter and he threatens to tell Noreen unless Walter hides some stolen jewels for him. Walter accepts and hides the jewels in sack inside his boat. Feeling guilty, Walter tells Noreen everything. She tells him that she really is in love with him. Noreen tells Walter to get rid of the jewels. As he heads to the boat the police arrive. They open the sack and find the remains of Noreen's husband. The police inform Walter that they were tipped off by Noreen and Curly. Walter realizes that it was all a set up as he is being taken away by the police.