J. Jonah Jameson receives an anonymous gift from an "unknown admirer". The gift it turns out is an unusual, hypnotic idol which entrances Jameson with a light beam, hypnotizing him enough to be open to the suggestion of putting money inside the idol's head at the request of this "admirer", one R. E. Cliventon. The money is then collected by Cliventon's Aborigine servant only on this occasion Spider-Man catches them in the act. Knowing his thieving ways, Spider-Man lays a trap for the Fifth Avenue Phantom when he places a spider-tracer on a fur coat at Benet's department store. What he runs into instead is trouble in the form of the Phantom's female robot slaves, cunningly placed on display in department stores as shop-window mannequins. Can Spider-Man discover the Phantom's secret and put an end to his crime spree?