Warner Baxter plays a security guard who was shot during a heist. The police believe he may be involved in the robbery, prompting the insurance company to investigate him. The insurance man, Luis Van Rooten, notices Baxter resembles Robert Ashton, a chemist who stole $100,000 from his company and went into hiding. Van Rooten contacts the chemical company and explains to the management he has found Ashton. Soon a lawyer (Charles Lane) contacts Van Rooten with a plan to keep a certain chemical company executive out of the story. It seems that Ashton may have had a co-conspirator working at the firm.
Things get interesting when Van Rooten learns that Baxter is in fact a man named Donovan and not Ashton. But this doesn't stop Van Rooten, who concocts an elaborate scheme where, for $165,000, he will deliver Baxter to the police. Baxter agrees to help fulfill Van Rooten's plan for $25,000. He turns himself over to the police and takes on Ashton's identity while awaiting trial. Ashton's wife is in on the scam, but she tells Baxter her husband was framed...
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