When the spirit of his recently deceased uncle appears in his kitchen, lonely mortician Octavious Waldorf can only guess the ghost isn’t there just for the coffee. His miserly uncle reveals the location of a hidden fortune with the promise of more if Otto will spread the dead man’s ashes across the Caribbean Sea. Through a simple mistake Otto ends up with almost a million of the mafia’s money instead of his uncle’s simple few thousand. Otto does what any desperate man would do and flees the country aboard a cruise ship headed to the Bahamas to fulfill his uncle’s last request. With the money, his dead uncle’s ashes, and a nervous schnauzer in tow, Otto sets out to change his fortune and life.
That near million just so happens to belong to crime boss and all around bad guy Tony “Waldorf” Maloney (no relation), who happens to be on the same cruise. Maloney isn’t interested in just getting the money back. Along with the help of the much feared hired hit man Mr. Banjo, as well as the blonde bombshell Penny Lane, Maloney plans on squeezing the money as well as a few vital juices from Otto’s cold, dead corpse.
On the other end of the law, the FBI is hot on Maloney’s tail. Special Agents Frank Wallace and Larry Lawrence aren’t sure who this Otto guy is, or how he fits into Maloney’s organization, but they don’t plan on letting either of them get away. Maybe it’s time for the nearly retired Frank to take a much needed cruise to the Bahamas.
It’s a comedy noir of hilarious errors as Otto learns that sometimes money does buy happiness.