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The working titles of this film were The Million Dollar Swindle and The Reckoner. Hollywood Reporter reviewed the picture as The Million Dollar Swindle. RKO borrowed Shirley Grey from Samuel Goldwyn's company for this production. According to a May 3, 1931 Film Daily news item, at the time that the production was to go into rehearsal, Henry Hobart was "supervising" the project. Hobart is not credited on screen, however. Carl Gerard replaced Wilbur Mack in the role of "Cyrus Pringle," according to a Film Daily news item. Another Film Daily news item adds Roberta Gale to the cast, but her participation in the final film has not been confirmed.