The film tells the story of the U.S. Treasury Department who, with the aid of a counterfeiter, try to track down and stop of counterfeiting ring. The counterfeiter, Tris Stewart (Bridges), serving time in prison, is released under the agreement that he will assist in the capture of the phoney money printers. Once out of jail Stewart quickly meets up with Cigarette girl (person) Meg Dixon (Barbara Payton).