A federal agent (William Robertson) arrives at the police HQ after the notorious counterfeiter "100 Dollar" Bill Bailey. Unbeknownst to Detective Steve (Barton MacLane) and the other police, the agent is the real Bill Bailey and has concocted a complicated plan to trick the police into helping him make a killing.
Steve's reporter girlfriend Torchy (Glenda Farrell) is after a story though but her unauthorised investigations soon put her in harms way...
This is part of the Torchy series and is a bright (ahem) and fast moving crime drama. It is very cosy, quite fun but sometimes a little too silly. The character ensemble is a bit too goofy at times but this is a solid and enjoyable little film.