Heiress Bonnie Parker, tired of newspaper stories about her society high-life, gives a false story to energetic reporter Bill Raymond, who has frequently pestered her for a scoop. The phony item results in Bill's dismissal, however, and Bonnie realizes that she carried the prank too far. Wanting to make amends, Bonnie searches for a story for Bill that will put him back into the good graces of his former editor at the New York Bulletin . She becomes acquainted with informant Scats Masters, who offers to sell Bill documents that will incriminate a ring of criminals who have been smuggling illegal aliens into the United States. Lawrence Tregar, the gang's secret leader, is determined to stop Scats, however, and his men succeed in scaring Scats into hiding. The men also chase Bill and Bonnie, and during their adventure, Bonnie falls in love with Bill. Bill's pride prevents him from marrying a wealthy woman, and so, the following morning, Bonnie is delighted to learn that she has lost most of her money. Bill is suspicious of Bonnie's claim and is arguing with her when he receives word that Scats is hiding in Bill's suburban home. Eager to get the documents, Bill races to the house, only to discover that Scats has been killed by Tregar's men. Scats hid the papers in Bill's washing machine before dying, but neither Tregar nor Bill is aware of this. Believing that Bill is now in possession of the incriminating evidence, Tregar kidnaps Bonnie and demands the papers as ransom. Bill pretends to acquiesce, but actually arranges for the police to follow him to the gang's hideout, where the exchange is to occur. At the appointed time, Bill is picked up by two of Tregar's men, and they are shadowed by a group of newsboys, who report the car's progress to the police. With the help of his friends, ex-boxers George "Bang" Carson and Biff, Bill engages the gang in a brawl, which is ended by the arrival of the police. Soon the criminals are all rounded up, and Bill escorts Bonnie to safety. Bonnie's aunt Emma finds the documents, which enable Bill to regain his job, and with his pride intact, Bill then proposes to Bonnie.