In New York, people are slain and strangled to death brutally on the open street. All witnesses agree that the murderer was in a cop's uniform. Soon the police search and find a suspect in its own ranks: Jack Forrest, suspected of murdering his own wife and the rest of the unfortunate individuals to die by the Maniac Cop’s reign of terror. To prove his innocence, he investigates the case with his partner, Theresa Mallory.
Countless wiseguy films are spoofed in this film that centers on the neuroses and angst of a powerful Mafia racketeer who suffers from panic attacks. When Paul Vitti needs help dealing with his role in the "family," unlucky shrink Dr. Ben Sobel is given just days to resolve Vitti's emotional crisis and turn him into a happy, well-adjusted gangster.