Al impersonates a magician and, accompanied by the magician's assistant, goes to a European principality to steal the negatives of compromising photos of a US Congressman, who is being blackmailed into supporting the country.
Mundy is ordered to attend a foreign film festival and steal the only copy of an avant-garde motion picture. The movie's director accidentally filmed eleven American spies making a drop at a location behind the Iron Curtain and if the film is premiered the agents will all soon be captured or dead.
The SIA orders Mundy to give a Washington, D.C., party in hopes he can nab the pickpocket who recently invaded a similar event in order to find a microdot. Complications arise when an acquaintance arrives with a bomb strapped to him in hopes that Mundy can disarm it.
A SAC bomber with three nuclear weapons aboard crashes. The bombs are recovered but the 3311 "Black Box", a failsafe device that receives the plane's "Go Order" direct from the President, is missing and being held for ransom. Al Mundy must outbid the Russians and retrieve the device.