Yes, it's very similar situations, but it's not the same plot.

Is it 'Goodfellas Part 2', in my opinion, no. I've read a lot of comments on IMDb, and more than 50% of the comments are calling this 'Goodfells Part 2'. When they work together, they create masterpieces. I guess also because I'm a huge fan of Martin, Robert, and Joe's. That was always pretty cool to me, since my town really didn't have much excitement. No names, and my old boss who runs our town grocery store actually knew 'Ace'. I think because I read the book and a lot of what happened in real life happened in my little town in Chicago. Without a doubt this has become one of my favorite movies. This is one of the best films of the 90's hands down.