An aging horror-movie icon's fate intersects with that of a seemingly ordinary young man on a psychotic shooting spree around Los Angeles.
Lt. Robin Crusoe is a navy pilot who bails out of his plane after engine trouble. He reaches a deserted island paradise where he builds a house and begins to adjust to life. He is in for trouble however when a local girl is banished to the island by her father, who then comes after Crusoe.
Dishonorably discharged from the Army Air Corps, Brad Dunham (George Raft) disconsolately decides to try his luck with Shanghai's postwar black market. Teaming with the treacherous Tamara Baranoff (June Havoc), Dunham prospers in his newly-found illicit profession, much to the dismay of his best friend, reporter Mark Andrews (Tom Tully). When Tamara has the troublesome Andrews murdered, Dunham realizes the folly of his behavior and works overtime to squash the black market for good and all.