After a young cop gets involved in his third shooting, he is recruited into a special police unit. He quickly learns that the unit is an assassination corps for hoodlums and they don't care who gets in the way. Saving the life of a child gets him a beating by the unit, which they call an initiation. When they raid a mobster's home and start killing hoods and call girls who just happens to be there, he draws a line when he finds one hiding in a closet. He then goes on the run with her with gangsters and the cops both in pursuit.

A Hong Kong fashion designer (Jean Claude Van Damme, if you can believe that billing) who had previously been involved in knock offs of major label merchandise, such as "Pumma" running shoes, attempts to go straight with the help of his new partner (Rob Schneider), who is secretly an undercover CIA agent involved in an investigation of the black market. Their main product, jeans, is involved in the knock offs, which brings a representative (Lela Rochon) of the American company to investigate. Paul Sorvino also appears as the head of the CIA operation in Hong Kong. However, just as Schneider is not as he initially seems, everyone in the film switches roles by film's end.

Dodge is a computer hacker serving a prison term; Piper is a tough guy. They end up chained together, and flee during a chain-gang escape attempt that goes bad. An adventure plot ensues, involving a missing floppy disk, an attractive woman that assists them, a sinister Federal marshal, an honest cop, and the Cuban mafia.