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Elaine Dodge is the beautiful young daughter of Taylor Dodge, president of the Consolidated Insurance Company. When Mr Dodge is murdered by a mysterious cloaked figure known only as the Clutching Hand, Elaine enlists the aid of Craig Kenned...

Amb l'ajuda d'un detectiu privat, Elaine intenta atrapar el cervell criminal emmascarat The Clutching Hand, que ha assassinat el seu pare.