Angel Face, a handsome young gigolo, supports himself by selling the gifts given to him by his lovers. One of his women, Marie, tells him that she is pregnant, hoping that this will have a stabilizing effect on him, but he is merely annoyed at her naivety and leaves her. Despondent over the loss of her lover, Marie has an accident that causes a miscarriage. Later, Angel Face meets a man in a bar who tells him of Loina, a beautiful woman who preys upon the men who love her. Angel Face decides to take the challenge and meets Loina, who invites him to join her in selling forged artwork. He attempts to make love with her and she agrees, with the stipulation that he not become jealous of her other sexual encounters. The arrangement succeeds for awhile, but finally the love-sick Angel Face pleads with Loina for them to both stop their promiscuous behaviour. She refuses to be possessed solely by Angel Face and leaves him. Angel Face is heartbroken but soon realizes that he has done the same thing to women many times before.