Years of failure and bad luck have made Maurice Blake a beachcomber on an island in the Samoas, earning a precarious living by diving for pearls with Philip Jardine, the disinherited son of a San Francisco millionaire. When Philip is killed by a shark, his half caste common-law wife, Rosa, informs Maurice that Philip had been forgiven by his father, and she persuades him to assume Philip's identity and return to the States - The film is now considered a lost film.

An assassin named Tae-goo is offered a chance to switch sides with his rival Bukseong gang, headed by Chairman Doh. Tae-goo rejects the offer that results in the murder of his sister and niece. In revenge, Tae-goo brutally kills Chairman Doh and his men and flees to Jeju Island where he meets Jae-yeon, a terminally ill woman. Though, the henchman of the Bukseong gang, Executive Ma is mercilessly hunting Tae-goo to take revenge.