Appearing in "Crime and Punishment (Part III)"
- Nick Fury
- Felix Munger (First and only known appearance; dies) (Only in flashback)
- Randall Everett (First and only known appearance; dies) (Only in flashback)
- Nelson Ford (First and only known appearance; dies) (Only in flashback)
- Mr. Warren (First appearance)
Races and Species:
Synopsis for "Crime and Punishment (Part III)"
Nick Fury explains to his Avengers team that they are taking down the entity known as Ghost Rider. The details of his sadistic murder of several past members of a motorcycle gang (who are all now apparently successful businessmen) are reviewed. The Punisher objects saying that the people the Ghost Rider had killed probably deserved death anyway. The Punisher refuses to work on the mission. However, the Black Widow activates the neural controls SHIELD had implanted in Frank Castle's skull. Castle holds out until his faces bleeds internally, but eventually relents. Nick Fury tells the Punisher that the Black Widow has a sinister side. He tells the team he knows because he used to be married to her. Tyrone Cash notes that even though he has been forced to join the Avengers, the team is entertaining.
The team travels and investigates the petrified remains of Nelson Ford in San Francisco. They then travels to Chicago to guard a citizen they believe will be the next target. The team is correct as the Ghost Rider soon appears on a blazing motorcycle. To Be Continued
- Even though the cover titles this issue as "Ultimate Avengers 2 #3", the Indicia lists this as "Ultimate Avengers #9"