While on a publicity tour in Switzerland, Benji, Cindy Smith, and Patsy Garrett convince Kris Kringle that his place on Christmas Eve is delivering presents to all "his" families all over the world.

Some school kids stumble across a briefcase full of money, when they go back for it, they find a body instead. When they bring the police, neither is there, and the police refuses to believe them. Later they discover both were part of an assassination plot. Now they have to figure out how to stop the plot and put the bad guys in jail.