Arch schemer Major Manning is fresh from prison but eager to hatch another “deal”. He concocts a plan with his associates to sell stock in a worthless gold mine and skip with the profits. But first they need to establish the proper front. With money they borrow from Steve’s wife—who thinks the money is being used to start a legitimate business—they rent a posh office, hire seasoned telemarketers to make the pitch and convince a dim newspaper columnist to lend the organization his prestigious-sounding name. The stocks sell like hotcakes and things look rosey for the boys. But when the little woman starts asking Steve too many questions; and when the rube fronting the company decides to take his job seriously; and when a customer complains to the authorities, prompting a detective to start nosing around the office—things begins to unravel for the Major.