An imprisoned member of the Nazi party, Herbert Raynor, is released from prison and is being flown (along with his daughter) to Puerto Huberra in South America, along with other Nazis. All of them are being flown there by an unknown benefactor. Briggs and Cinnamon take the Raynors' place.They and the others are introduced to Martin Bormann, now a bedridden invalid. Borman's secretary, Rudd, informs them that Bormann will lead the Third Reich to new glories. Dan ducks a murder attempt, breaks into Bormann's room, and finds that he is a mannequin with a voice provided by Rudd. Rudd has recorded tapes duplicating Bormann's voice, and the last tape will turn leadership of the party over to him. To stymie Rudd, Rollin dresses up as Bormann and is suddenly not so bedridden. Of course, Rudd knows Rollin is an imposter but can't reveal it without exposing his own ploy. "Bormann" gives orders that eliminate Rudd once and for all and end the threat posed by the Nazis.

An exiled general, Neyron, is living in his private estate in Florida. He's cut a deal with Frank Layton, a Syndicate man. In return for a big payoff of several million dollars to finance his coup, Neyron will let Layton have all gambling rights in his country when he returns to power in Surananka. Rollin and Jim (as a billionaire financier and his aide) try to buy out Layton's hotel, but Layton finds out it's a ploy to distract Rollin from cutting a deal with Neyron over the Surananka gambling rights. Meanwhile, Barney, Willy, and Cinnamon are on Neyron's kitchen staff and use IMF wizardry to convince him he has a disease that lets him predict the future. Neyron then foresees his murder thanks to a projection of Rollin-as-Layton and shoots Layton as he arrives to confront the general.

Phillipe Pereda, finance minister of Costa Mateo has stolen $40 million from the vault of the country's president, De Varo. De Caro plans to announce the money will be used for an industrialization process. Pereda plans to frame the president for embezzlement when it is found the money is missing from the supposedly impenetrable vault, then take over the country. The IMF must stop him. Willy sneaks Barney into the vault and he gets it open and makes it look like it was robbed before setting off the alarm. Rollin (as an auditor) lets a guard see Barney before knocking him out, then knocking himself out. Pereda realizes that with this new robbery, he won't be able to frame De Caro. Cinnamon and Jim (as representatives trying to cut a deal with Pereda to buy land once he is in power) suggest he temporarily replace the stolen money with Treasury cash before De Caro confirms the theft. Pereda sneaks into the vault using an audio tape of De Varo's perfectly pitched code, he puts in the money