From IMDB reviewer melvelvit:

THE LIE, a 1954 Vitapix teledrama from "The Golden Age Of Television" was filmed on location at Bavaria Kunst Studios. The short running time, set-bound atmosphere and nightworld milieu give it a "noir-like" ambiance while the melodramatic scenario, with it's dark look at the tangled web of deception, seems ripped right out of a pulp fiction magazine.

Diamond importer John Hammond goes to the circus one night with his girlfriend Marlene, her brother Philip and Philip's fiancée, Margot. The show's star attraction, trapeze artist "The Great Wilheim", knows Marlene and invites everyone back to his dressing room where he organizes an impromptu "men only" bachelor party for Philip. No one notices the sinister man following them as they say goodnight to the ladies and go out on the town. Wilheim and Phil eventually drop a very drunk Hammond off at his apartment and he awakes in the morning to find the police standing over him. The man who shadowed them the night before lies dead on his living room floor, shot with Hammond's revolver. During the trial, Wilhiem and Philip both lie on the witness stand and send Hammond to prison for seven years. Marlene never visits once but Phil's one-time fiancée Margot does and through her efforts Hammond's released after three years. Although his cell-mate advises him to forget the past and he's cautioned by the warden not to seek revenge, Hammond must find out why he was set up. He tracks down those responsible and discovers the twisted truth behind "the lie".

Lee Bowman, the B-movie Zachary Scott (as John Hammond), and 1940's Universal Studio pin-up girl Ramsay Ames (as Marlene) help give THE LIE the feel of a big screen Poverty Row second feature. It's also a little more ambitious than most 1950's teledramas and, with a little more time and effort, could have been a tightly plotted thriller with a few surprises for those familiar with the conventions of the noir genre.