The setting is the 1890s. In the London wax museum of Claude Dupree, known for its collection of famous figures, someone is killing the guests. When Dupree is murdered, Margaret Collins, his niece, decides to continue the family business, which has long attracted the attention of the police.
The murder of the wax museum proprietor and some other strange goings-on in the vicinity prompt a police investigator to determine whether the killer is one of the principals who wants to own this piece of property, whether Jack the Ripper has returned to killing after a hiatus of ten years, or whether a wax statue or two has come to life.