Mary Layton/Betsy Cummings (Joan Barclay) steals a diamond from two loan sharks (oh wait the diamond was her father's which the loan sharks were intending to steal). On the run from the sharks and the police she gets mixed up with a rather minor artist called Jimmy (Herman Brix - later known as Bruce Bennett).
Then the diamond goes missing inside a mannequin and it's a terrible palaver.
It's a rather silly film, and with some rather poor acting especially dialogue delivery. You get the impression there wasn't much time if at all to rehearse. Vivian Oakland plays a good role as a landlady. The film has some charm and that gets you through it. It is played light and should be treated as a bit of fun.