- The IMF knows that within 72 hours, drug smuggler and distributor Carl Reid plans to bring the largest shipment of cocaine ever into the U.S. To learn what Reid's plans are for getting the cocaine into the country, the IMF tries to convince Reid's lieutenant, Joseph Conrad, that they've created a machine that can create pure cocaine synthetically. Conrad believes that this "miracle machine" is real, and decides to go into business for himself -- driving a wedge between him and his former boss, Reid.—aldanoli
- William Shatner and the bad guys believe (rightly, as it happens) that the cocaine they are smuggling into the country in a sculpture of a seahorse is the largest shipment ever transported. Jim and the IMF beg to differ. They perform a scam within a scam convincing the smugglers that Willie (magically transformed into a chemist by a lab coat, glasses, and some spiffy jargon) has invented cheap, synthetic cocaine. Greed prevails and the next thing you know they're selling one another out and "corrupting" a cop played by Barney. They uncover first one scam (surprise! Mimi isn't really dead), then another and are finally surrounded by the police, just as they figure out exactly who is conning who.
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