A member of the Bunco squad introduces the Case of the Gullible Woodpecker. It seems that Woody wins a pot full of dough that con man Buzz Buzzard notices and sets his sights on stealing. He leads Woody on a phony treasure hunt on Cataloni Island where all the materials Woody needs to continue the hunt (treasure maps, fire extinguishers, toll bridges, etc.) cost him a bundle.
| Directing | Paul J. Smith | Director |
| Visual Effects | Gil Turner | Animation |
| Sound | Clarence Wheeler | Music |
| Visual Effects | Herman Cohen | Animation |
| Visual Effects | Robert Bentley | Animation |
| Art | Art Landy | Settings |
| Writing | Milt Schaffer | Story |
| Production | Walter Lantz | Producer |
| Art | Raymond Jacobs | Settings |