Clad in a blonde wig, Joe Pesci stars as the title character, a luckless actor. Unable to make it in the real showbiz world, Jimmy starts fantasizing about fame and fortune. His delusions eventually turn into reality when, through a fluke, Jimmy becomes known to one and all as "Jericho," a Robin Hood-like vigilante. Victoria Abril appears in a supporting role and the film's climax features a number of cameo performances.
American heiress Pearl Saunders marries Lord George Grayston but later sees him embracing his lover on their wedding day. She has his title and he has her money; thereafter they are rarely seen together. Pearl is accepted by the British aristocracy and is presented at court, but creates a scandal by wearing black. She encourages her younger sister, Bessie, who idolizes her, to respond to the attentions of Lord Harry Bleane despite Bessie preferring American Fleming Harvey.