An old friendship turns to rivalry, hatred and murder as one artist tries to imitate and then usurp the work of another and eventually trying to steal her husband, home, and life.

Seok-jin, a magician at a club, meets a mysterious woman, Ha-yeon, who soon becomes his assistant and fiance. Things take a turn when she is found dead and he must find out what happened.

In the wake of the Great Kanto Earthquake (1923), which killed nearly 100,000 people, more than 6,500 Koreans were murdered by the military, the police and civilians. This film uses evidence and testimony to examine the history behind this massacre.