An amount of war bonds are stolen. The (new) Falcon (Tom Conway), who has been employed by a mysterious woman, is framed for the theft. The Falcon manages to escape the law and seeks to clear his name. After a bit of sleuthing he heads to a hotel at a rural retreat and uncovers a nefarious plot involving stolen bonds, murder and ..er.. puppets.
This is a fine enough film with the usual romp of red herrings and antics. The Falcon is assisted by perky reporter Marcia (Jane Randolph) and his butler Jerry (Richard Loo). The film has a nicely unexpected ultimate villain.
