Plot: In 1921 London, Ivan Igor is sculptor who owns a small wax museum. His works - which he refers to as his children - are exquisite and lifelike in every way. His financial backer, Joe Worth, is unhappy that they have made no money from the venture and sets the museum on fire to collect the insurance money. In New York on New year's day 1933, reporter Florence Dempster is under pressure from her editor to come up with a story or be fired. When she hears that Joan Gale, who supposedly committed suicide on New Year's eve may in fact have been murdered by her ex-boyfriend George Winton, she heads to the coroner's office to get the autopsy results. The problem is that the coroner can no longer find the body. For his part, Ivan Igor is preparing to open a new museum. He was severely hurt in the fire years before and is confined to a wheelchair with only limited use of his hands. Igor is captivated by his assistant's fiancée, Charlotte Duncan but Charlotte's roommate, reporter Florence Dempster, is more interested in the wax figure that bears a striking resemblance to Joan Gale.
Alternative Plot: Ivan Igor (Lionel Atwill) is the sculptor at a famous wax museum in London. When his partner, Joe Worth (Edwin Maxwell), burns down the museum for the insurance money, Igor is trapped inside. Years later he re-emerges in New York as the curator of a new wax museum, which boasts incredibly lifelike statues. When model Joan Gale (Monica Bannister) goes missing, however, reporter Florence Dempsey (Glenda Farrell) follows the clues to Igor's museum, where she discovers a terrible secret.
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