Beverly Hills, 90210 (season 5)

After enjoying a successful summer in London, Brenda decides to stay in England and pursue her stage career. With her room vacant, the Walsh family agrees to take in Valerie Malone, the college-age daughter of a family friend who has committed suicide. Valerie appears charming and likable, but unknown to the group, she is actually cynical and manipulative... and plots to get involved with Steve for his money. Donna returns from her summer stay in Texas and claims that she's over with David, who's doing a video for his film class, with a little help from Nat, about his summer of working with Babyface, dating and being dumped by both a girlfriend and the tour, and having some good luck near the end of the season. The good news is that David is going to have a single dorm room and received a brand new car as a gift from his grandparents. But that evening, Donna has an emotional meltdown when she runs into David at a nightclub. Meanwhile, Dylan breezes back into town after an alcohol binge-filled summer in Mexico while he tries to process the loss of his entire fortune when his step-mother Suzanne and her boyfriend Kevin stole his money. Kelly and Brandon take their relationship public. Also, Jesse and Andrea take their premature baby daughter, Hannah, home from the hospital after Andrea details how her mother's intuition was the reason Hannah is still alive.

Brandon and Kelly continue to hide their relationship from Dylan, but the truth is always bound to come out somehow. Brandon decides to tell Dylan about him and Kelly, but chickens out when he sees Dylan drinking again and in a bad mood. At the same time, Dylan visits a bank and finally realizes that all of his bank accounts and entire financial base has been cleaned out by Kevin and Suzanne's scam, but being the person he is, Dylan keeps his financial crisis to himself. Meanwhile, Donna plans to take the semester off to participate in a debutante ball in Texas. Kelly however rightfully suspects that Donna is hiding behind her mother, Felice, in order to move away to avoid seeing David. As a result of being betrayed and scammed of all his money, Dylan begins giving everyone a hard time, but he crashes the debutante ball after being tipped off by Nat about Kelly and Brandon where he makes a scene. Dylan then goes to a nightclub where Jesse is working nights and asks for a drink, but Jesse turns him away. Dylan then meets a prostitute at the club and takes her home with him where Kelly, wanting to talk with Dylan, later walks in on them. The next morning, both Brandon and Donna confront Dylan about his actions and he seems to be listening to them, but ultimately decides to not return to college and pursues more self-destructive behavior. With Jesse working nights and studying in law classes during the day, Andrea tries to arrange more time to look after baby Hannah.

Where there's smoke, there's fire, in Kelly's opinion... at least where Valerie is concerned. Kelly begins to distrust Valerie when she smells Valerie smoking pot in Valerie's bedroom, but Kelly cannot convince anyone that the manipulative Valerie is bad news. Both Steve and Brandon refuse to believe Kelly, while Donna doesn't seem to care. Meanwhile, Steve organizes a two-night rave party at the Peach Pit. Valerie also begins to suspect the truth about Dylan's financial situation when she sees him pocketing money from the til at the Peach Pit. Meanwhile, Andrea heads out for a night on the town and spies Jesse flirting on the job; he later takes time off from work to set up a romantic dinner for them at home while their baby sleeps. While working on a video project with David and Clare, Donna meets a musician and carpenter named Ray Pruit. That evening, when Kelly begins following/stalking Valerie hoping to catch her at something to prove herself right, she finds Val at the Peach Pit drinking, smoking cigarettes, and flirting with Dylan in a back storage room. Kelly quickly tells Steve about it, but when they both confront Valerie, she spins it around by saying that Kelly misinterperted what she saw, claiming that Dylan was making a pass at her. Steve believes Valerie, but Kelly rightfully doesn't. Later that night at the beachfront apartment, Kelly angrily tells Brandon all about what happened, explaining how Valerie so expertly lied to and fooled Steve and that she is fooling everyone else to the person she really is. Kelly also finally admits that she doesn't like or trust Valerie and never has, but Brandon continues to remain skeptical and casually advises Kelly to give Valerie the benefit of a doubt. At the end, the suspicious Valerie gets Dylan drunk at his home where he finally confesses to her that he is broke.

When the fire marshal shuts down the Peach Pit After Dark for violating capacity, Steve suggests to Dylan and Nat about purchasing the building next door to expand. Unfortunately, Dylan is broke and the only one who knows it is Valerie. The next day, when the Walshes and Valerie are planning a weekend trip to Palm Springs, a fax from Dylan's bank arrives requesting Jim's signature on a mortgage loan that Dylan has taken out, leaving them confused until Valerie finally tells them that Dylan is penniless from Kevin and Suzanne's business scam. Jim then informs Nat, and then privately apologizes to Dylan for what happened to him. Unfortunately, Dylan is mentally too far gone at this point and he responds by rudely insulting and tells off Jim who responds by saying he's done trying to help or talk to Dylan anymore. Meanwhile, Kelly disapproves when her mother, Jackie, tells her that she wants to return to modeling, but Kelly becomes further incensed when Jackie wants to include Kelly's baby sister Erin as well. That evening, David and Clare find themselves in a binding situation when David handcuffs himself to Clare's bed and gets stuck, and soon finds himself alone when Clare has to go out to dinner with her father. Donna continues to juggle dating both Griffin and Ray. But then Griffin takes Donna on a whirlwind trip to Catalina Island with the plans to seduce her, she refuses and finally learns what a creep Griffin really is. Valerie comes to Dylan's house to apologize over losing all his money and they end up sleeping together again. The next morning in the final scene, Steve and David (not yet aware that Dylan is broke) come over to Dylan's house to talk about the Peach Pit After Dark expansion and they both find Valerie in bed with Dylan. Steve draws the correct conclusion and responds by punching Dylan in the face.

On Halloween, now that all of Valerie's misdeeds and true persona are finally revealed, she seriously considers moving back to Buffalo, but is persuaded to stay by Brandon and his parents after learning that Valerie's mother has committed herself to a mental hospital after suffering a nervous breakdown due to the stress of Valerie's father's suicide. Steve unfairly blames Dylan for having a tryst with Valerie and ends all business he has with the Peach Pit and After Dark club. On the other hand, Kelly delights herself by telling everyone "I told you so" about Valerie. While Brandon and Cindy continue to be warm, friendly and supportive to Valerie, Jim, from this point onward, coldly avoids Valerie or openly treats her with suspicion - wondering if all of the bad and negative things that Kelly has been saying about Valerie might be true. Meanwhile, Dylan's anger and desperation over everyone being aware that he is broke becomes obvious to all when he further isolates himself from everyone he knows, and he later meets a drug dealer at his pool hall who introduces him to cocaine. Dylan later takes out his gun and shoots up his living room. At a fraternity costume party at the KEG house, Donna's two boyfriends, Griffin and Ray, finally meet face to face and almost have a fistfight, and Donna chooses to be with Ray. Elsewhere, Andrea gets upset when Jesse's aunt presents baby Hannah with a crucifix. Also, Clare talks David into tagging along with her for a UFO hunt for the night in the desert near Barstow that results in them finally consummating their relationship. After Valerie continues to sneak out to hang out with Dylan, she sees him high on cocaine. Valerie then tells Brandon who then confronts Dylan over his actions.

Dylan's closest friends (Brandon, David, Donna, Kelly, Andrea, Nat, Steve, and Jim and Cindy Walsh) stage an intervention at Casa Walsh, where they beg him to enter rehab. Valerie and Clare, left out of the intervention, spend the day shopping together. Dylan deflects or ignores all of the efforts to talk to him at the intervention, but he seems moved by Steve's continuing hostility towards him because Steve still unfairly blames Dylan for his tryst with Valerie (still refusing to believe anyone that it was really Valerie who orchestrated the tryst... which mirrors Dylan's own anger and denial to his current situation). After a long talk with his friends, Dylan agrees to go to a well-regarded rehab center. Meanwhile, Kelly's modeling career takes an upward turn when she is offered the chance millions of girls only dream about: the opportunity to appear on the cover of the national fashion magazine Seventeen. Dylan runs away from the rehab clinic after one day with a little of Valerie's help, but begins to alienate her too with his misanthropic, self-destructive attitude as well as his unwillingness to go after the people who stole all his money, which leads her to finally walk out on him. Dylan's problems increase when he is given heroin by his drug dealer. That evening, Ray has dinner with Donna's parents Felice and John. Also, Clare recruits David into making a video of them having sex, but the tape accidentally ends up at Donna's house (it was labeled as a TV station recording and Donna wants to show it to her parents). Fortunately for everyone, Dr. John Martin sees the tape first and saves Donna from more embarrassment by pretending the VCR is broken to Felice, and gives the VHS tape back to Donna with a grin and says "give my regards to David". At the end the next day, Dylan gets high while smoking heroin, and ends up driving his car off a cliff.

As Dylan lies in a coma fighting for his life at the hospital, he experiences a number of bizarre near-death dreams involving running down a pair of railroad tracks to a bright light while following the voice of Erica, as well as scenes involving his drug dealer, Kevin and Suzanne, and being stopped from "entering the light" by his dead father Jack. Meanwhile, Steve is annoyed when his overbearing father, Rush, insinuates himself into a KEG house flag-football game, but comes to find out Rush might have some good business ideas for the PPAD.

The campus erupts in controversy when an anti-Semitic African-American activist is asked to give a speaking engagement at the school. Despite advice from the Dean, Brandon finds himself caught in the middle of the chaos when his political choices come into direct conflict with his personal ethics. Andrea is opposed to the activist speaker, not least because she is spending more time with her Holocaust-surviving grandmother, and openly accuses Brandon of selling out his principles for politics. Meanwhile, Donna plans a birthday surprise for Ray on his 25th birthday, while David ponders his Jewish heritage in relation to the controversy. As Dylan recovers in the hospital, his estranged mother, Iris, keeps him company, but his drug dealer pays an unexpected visit and physically threatens Dylan (in his hospital bed) never to tell the police about him or their business.

Brandon's former girlfriend, Emily Valentine, flies back from Paris to attend a seminar at La Jolla University. She asks Brandon to meet her at the airport, claiming to have just a four-hour layover. She actually has a week until the beginning of her seminar, but Brandon breaks her heart by revealing that he is dating Kelly. Meanwhile, Steve and Griffin organize a holiday rave at an abandoned Hollywood house. Valerie helps them out in the hopes of getting back in Steve's good graces. David and Clare accidentally post the notice about the event on a computer bulletin board for lesbians, who constitute most of the guests. The house has very poor wiring and continually blows fuses. Griffin uses too much electricity by putting in more fuses, and the house catches on fire. Ray rescues Steve and Valerie, who were fooling around in one of the bedrooms. Griffin runs away unnoticed when the fire department and police show up to put out the fire, leaving behind Steve who has to explain to the officers at what he is doing there. Kelly and a girl named Allison are trapped in a downstairs bathroom with no means of escape.

While working off his community service at a Hollywood retirement home, Steve spots a former stage and screen actor who had once appeared on "The Hartley House" named Saul Howard (guest star Milton Berle), a victim of Alzheimer's Disease, whose life story inspires Steve to make the most of his own. Meanwhile, Ray is offered the chance to perform on stage at the opening of the new Peach Pit After Dark nightclub. Also, Kelly's personal hostility toward Valerie escalates when she learns that Valerie spent Christmas in the Caribbean instead of visiting her family. When Kelly oversleeps one day and misses an important class, Valerie covers for her and Kelly half-heartedly thanks her. Elsewhere, Andrea is interning at a local hospital where she meets her mysterious laundromat guy, who introduces himself as Peter Tucker before he later takes care of a feverish Hannah and confronts Andrea about their similar life stories.

Dylan, and later Valerie, fly to the coastal resort city of Punta Brava, Mexico where they team up with Dylan's PI, Jay J. Jones, where they hope to plan and execute a complex caper to rescue Erica and reclaim Dylan's inheritance from Kevin and Suzanne whom are hiding out down there. Jonesy and Valerie impersonate a tourist criminal couple on vacation where they pretend to run into Kevin and Suzanne (who are living there under their new aliases of Karl and Kitty Cavendish), in order to get the password for Kevin's offshore bank account where he is laundering Dylan's $7.7 million. However, Dylan is left on his own to rescue Erica when Jonesy says that their successful retrieval of the money means the job is over, before some heroics lead to Kevin and Suzanne getting their just deserts and Dylan giving his sister a hug. Back in California, Kelly becomes more deeply involved with Professor Finley's organization, leading to a rift in her relationship with Brandon who begins to distrust the egotistical professor.

Brandon has the whole gang partake with him in a Valentine's Day call-in telethon that is held at the Peach Pit After Dark. Valerie moves out of the Walshes' and into a fancy hotel suite for herself. Brandon and Kelly's relationship troubles come to a head at Finley's new headquarters, and a heartbroken Brandon turns to an unlikely source for help. Meanwhile, when Donna refuses to sleep with Ray, his pent-up frustration inadvertently leads him to Valerie's hotel room. Ray's mother, LuAnn, figures out that he cheated on Donna, but covers for him. Also, Andrea and Jesse have a run-in with Peter and his wife. Elsewhere, Steve tries to secure the R&B group "Jade" for the Valentine's Day telethon at the Peach Pit After Dark.

Brandon seeks Dylan's help with both taking down Professor Finley's cult-like organization and reuniting with his girlfriend, but when it comes to Kelly all bets are off. Brandon then tries to talk with Chancellor Arnold to help him look for a former Finley cult follower to help before both Kelly and Dylan fall under Finley's power. Also, Ray tries to cut ties with Valerie who threatens to tell Donna about their sexual trysts.

The campus is in an uproar when an alleged rapist is released from custody. Despite his alibi, the students are sure that Lenny is responsible for the string of crimes on campus. And while everyone is fixated on Lenny, the real rapist is in the perfect position to strike again when he targets Donna and holds her hostage at her beach apartment, where quick thinking from David and pure rage from Donna save her from a terrible fate. Meanwhile, Valerie manipulates Donna and everyone into believing that David is the one responsible for Ray's departure from Los Angeles. Steve tries to secure the rock group, the Flaming Lips, as the new band for the After Dark. Also, Dylan finds out about Andrea's extramarital affair with Peter when he sees them together at Charley's motel while he and Charley are working on a movie script. Later, when Andrea offers to leave Jesse to be with Peter, he refuses to leave his wife and as a result, Andrea angrily breaks up with him.

Ray is happy that Donna has come to Portland, Oregon, to visit him but annoyed (though silently) at David who is tagging along to visit his estranged mother. David panics when he discovers that his mother was fired, no longer lives at her last known address, and hasn't cashed her alimony checks for months. He turns to Donna for help, and Ray behaves like a total jerk. David and Donna cannot find Sheila at any of her favorite hangouts and learn that she was recently arrested. Donna misses Ray's concert; he explodes and shoves her against a wall in their hotel room. He later feels guilty and loans David his truck. Mel flies in from Los Angeles and tells David that Sheila has a life-long history of mental illness (she was diagnosed at a young age as a manic depressive and had a nervous breakdown after her divorce from Mel). They receive a tip that she is living on the streets and are able to find her and bring her to the hospital. David realizes that Donna is happy with Ray and decides to back off. Back in California, Dylan explores hypnotherapy in the hopes of understanding the main character in Charley's script. Also, Valerie gets a tattoo.

Steve and David organize a hip-hop night at the After Dark club to boost the sagging gate receipts. David asks Willie's nephew Juwan, a talented DJ, to join him onstage. Steve backs out of the event because he is nervous about Juwan's criminal record. Valerie tries to dodge a grimy Australian metal band that claims to have been booked (because she doesn't have the money to pay them for performing due to mismanagement on her part). Although his tour is ending, Ray is unsure about returning to Los Angeles. Valerie goes to Reno to re-hire him, and claims to have changed her ways. While Valerie is gone, the Aussies crash the hip-hop night and trash the After Dark. Juwan and his friends are prepared to fight them but decide to keep their cool. David and Clare get back together. Dylan allows his therapist, Molly, to hypnotize him and regresses to a past life as a hobo. Meanwhile, Chancellor Arnold asks Brandon to keep an eye on a bratty and unruly 12-year-old genius named Warren, who may apply to C.U. but whose disrespectful behavior leads Brandon to chew him out and later have a discussion where Warren reveals he doesn't want to go to college just yet.

Dylan asks Kelly to join him on a trip around the world. Valerie sees the tickets in Kelly's room and tells Brandon. Brandon counters with a marriage proposal, and Kelly asks for time to think things over. She eventually rejects both men and proclaims, "I choose me." Andrea and Jesse prepare for their move to Connecticut. The gang surprises her by organizing a picnic lunch at West Beverly High (although Brandon and Dylan, still waiting for Kelly's decision, opt not to attend). Everyone meets Andrea and Jesse at the Peach Pit one last time to say goodbye. Meanwhile, Ray lashes out at Donna for devoting time to her friends and studying for finals. He drags her away from Andrea's picnic and verbally berates her, and Donna has a talk with Kelly about the difficulties of relationships. Jim finds out that his company wasn't looking to fire him but were preparing an offer of a promotion and substantial raise--if he agrees to move to Hong Kong and take over their new office there. He and Cindy decide to go through with the move.

Jim and Cindy leave for Hong Kong. Kelly wants to continue her relationship with Brandon, but he cannot get over the rejected marriage proposal. Steve and Donna head to Palm Springs for an Alpha/KEG convention. A contrite Ray agrees to accompany Donna, who is making a speech at the event. He quickly becomes angry and possessive. Rush tries to set up Steve with a business associate's daughter. Steve is more interested in the Cadillac-driving "goddess" named Elle (guest star Monika Schnarre) he keeps encountering. Brandon and Valerie decide to head to Palm Springs to avoid the caravan of potential buyers who have overrun the house. Brandon goes on a drinking binge and finds himself tempted by Valerie. He has several hallucinations in which his parents appear and express their disappointment before he tells them off for abandoning him. Kelly postpones her trip to the convention to spend the day with Allison but is very secretive. David and Clare see them together and get the wrong idea. Allison admits her love for Kelly, who politely confirms that she's straight and not interested. Meanwhile, Dylan's plans to visit his mother Iris and half-sister Erica in Hawaii are nixed when Charley finds an investor for the movie who also resides in Palm Springs. After driving to Palm Springs, Dylan is wary after learning that the man, Tom Rose (guest star James Handy), is a mobster who tries to intimidate Charley and Dylan to cast his much younger, dim-witted, and talent-less mistress as the lead. Dylan eventually finds out during a dinner at Mr. Rose's house that Tom Rose is connected to Jack McKay's death. David tells Brandon about Kelly and Allison, and Brandon humiliates Kelly with his drunken ramblings. Brandon plans to give in to Valerie. But that night, the police pull over Brandon and arrest him when a joint is found in Valerie's car. He is released the next morning but rejects Valerie for getting him in trouble, during which she shows more concern for her impounded car than Brandon. He clears the air with Kelly before heading home and refuses another reconciliation attempt. After learning that Tom Rose used to know his father, Dylan tries to contact Christine Pettit for information, but Mr. Rose overhears and traces the phone call. The next morning, Tom Rose takes Dylan up in a tramcar on the Palm Springs Aerial Tramway, where his goons hold him over the edge. Mr. Rose tells Dylan that he had nothing to do with Jack McKay's murder, yet he claims that he does know the identity of Jack's killer... but he will only tell Dylan if Dylan is willing to die for the information, which he is not. After being released, Dylan backs out of the movie deal and ends all of his business with Charley. Dylan and Brandon end up sharing a bus ride back to Beverly Hills. When Dylan gets home and after listening to a message from Christine Pettit on his answering machine warning him to stay away from Tom Rose and not to investigate Jack McKay's murder, he gets his gun out of storage and quietly vows to track down and kill his father's murderer. Elsewhere, Ray becomes physical with Donna during an argument and knocks her down the stairs. She suffers an arm injury and is unnerved when her mother suddenly gives Ray her approval. Valerie tells Donna that she saw Ray push her, but Donna denies it and lashes out at Valerie, aware that she and Ray have been seeing each other. Also, Steve discovers the truth about his "goddess." At the end, Brandon learns that his parents house has been sold, and he must move out in two weeks. He and Valerie end up making out.