Los Angeles, CA, 1922: A policeman responding to a report of gunshots at the well-appointed home of wealthy manufacturer Fred Oesterreich lets himself inside, only to discover Fred shot dead, his diamond pocket watch missing. A woman's screams lead investigators to an upstairs closet, where they discover Fred's wife Dolly locked inside, panic-stricken. Reports of mysterious activity around the house give Detective Cline a foreboding sense that not everything is as it seems. Just as he is giving up hope of solving the case, Fred's diamond watch mysteriously materializes in the pocket of an unlikely character. When Cline follows the glittering trail, he finds himself lost in a world of seduction and obsession.