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Two alleged movie producers arrive in Sage City and claim that a film is about to be shot there. Promising to double investments, they collect $35,000 from the townspeople, then flee. Gene Autry (Gene Autry) and his friend, Frog (Smiley Burnette), track the crooks to Mexico, where they learn a similar scam is targeting wealthy Don Carlos Alvarado (Julian Rivero) and his daughter, Maria (Fay McKenzie). Rushing to warn the Alvarados, the men meet the producers – who are not the same men from Sage City.