John Calvert takes over as the Falcon in this Poverty-Row continuation of the film series.

A drifter claims the money in an old bank account. Soon he finds himself the target of two men who turn out to be the sons of the man's old partner, who is now in prison because of a conflict with him over the money in that account.

The second Falcon film to feature actor/magician John Calvert sees the Falcon dealing with art thieves.

The murders of a suspected thief and a rival private eye draw the attention of The Falcon.