In his first starring role, George Raft plays Nick Darrow, a fence convinced by the police to go undercover after his father is killed in a Wall Street heist. Teaming up with Lora Madigan (Nancy Carroll), yet another victim of the gang, Nick gets close to the gang boss, Mason (Lew Cody), and his moll (Noel Francis), but is almost killed when Mason becomes suspicious. In the end, however, Nick manages to kill the man who murdered his father, a vile Russian (Gregory Ratoff), and is able to hand over Mason to the authorities.