A New York mafia boss who owns a nightclub blackmails the women. Among the nightclub girls is Lulu who discovers her friend Gina is being blackmailed. Gina aka Gilda another nightclub girl lives out a fantasy as her Idol Rita Hayworth and romances her limo driver and risks being discovered by her boyfriend.
When secretive new neighbors move in next door, suburbanite Ray Peterson and his friends let their paranoia get the best of them as they start to suspect the newcomers of evildoings and commence an investigation.
In the opening chase, Martin Riggs and Roger Murtaugh stumble across a trunk full of Krugerrands. They follow the trail to a South African diplomat who's using his immunity to conceal a smuggling operation.