
Raffles is visited by old school chum Harry 'Bunny' Manders, who has fallen on hard times. Penniless himself, Raffles comes up with a scheme to pay off Bunny's gambling debt by getting the money from the most obvious source—a plot that launches the duo into a life of crime.
Brash and crude, Reuben Rosenthall is a real 'rough diamond': a self-made millionaire who wears his wealth in the most ostentatious way possible. In other words, he's an irresistible target for Raffles, if not for the more hesitant Bunny. But as the duo find out, Rosenthall has a trick or two up his own sleeve.