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Joseph Rearden takes the fall for a robbery and winds up in jail. From there he escapes in the company of a convicted spy and is taken to a remote manor at an unknown location where he is kept isolated. He overpowers his guard and flies, but nothing is quite what it seems in this drama of intrigue as Rearden pursues his quarry from Ireland to Malta.

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British agent Joseph Reardon is recruited by spymaster Mackintosh to impersonate an Australian criminal and infiltrate a mysterious spy ring in an operation so covert that no one but Mackintosh and his secretary, Mrs. Smith, know the truth. Reardon robs a postman of a diamond shipment and allows himself to be caught and sentenced to 20 years in Chelmsford Prison, where he becomes acquainted with Slade, a notorious traitor serving a life term. Recruited by an organization that arranges escapes for high profile prisoners in exchange for half of their hidden loot, Reardon, along with Slade, soon finds himself out of jail and in a safe house in Ireland. Mackintosh makes the error of confiding part of his operation to his old friend and patriotic MP, Sir George Wheeler. Wheeler, a covert traitor, arranges to have Mackintosh meet with an accident and exposes Reardon to his captors. Finding himself on the run again. Reardon is aided by Mrs. Smith, who reveals herself to be Mackintosh''s daughter, They both pursues Slade to Malta, where they hope to expose Wheeler for the traitor he is.