Max is a Paris detective, aloof, independently wealthy, and frustrated by gangs of robbers whom he cannot catch. To re-establish his stature and save face, he decides to inveigle a group of petty thieves (led by an old acquaintance) to rob a bank.
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This movie is about an entrapment scheme by a frustrated cop. The most interesting aspect of that scheme is the psychological manipulation of the girlfriend of one of the gangsters, played by the incredible Romy Schneider.