A religious tabernacle and its robed prophet, Nostradamus, The Oracle, fall under the scrutiny of insurance investigator Russ Andrews and Steve Banks when members of his fanatical following begin liquidating their endowment and annuity policies to turn the funds over to the Nostradamus Foundation.

A struggling artist, whose wealthy fiancée has jilted him, is the prime suspect after a sniper kills the girl's bridegroom. Wanting to take a last glimpse at the gal that got away, Jack Daley's in the crowd when the groom is killed, thereby making him a prime suspect. Insurance investigator Russ Andrews gets on the case, learning that his former service pal is wanted for murder.