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Refined actress Lauren Ames finally has a chance to study with the great theatre professor Stanislav Korzenowski. Sandy Brozinsky, a brash, loud actress, decides through happenstance to also study with Korzenowski. The two women end up dating the same man (who turns out to be a double agent) and follow him across the country to force him to choose between them.

Outrageous Fortune is a film that explores themes of central intelligence agency (cia), new mexico, kgb. It also touches on fake death.