In the frigid winter of 1891, with the nation still reeling from the Barings bank crisis, Inspector Philemon Raft returns from an involuntary sabbatical, tasked with solving the kidnapping of highly placed peer Miriam Dewberry. Thrust into a sordid underworld where the upper classes indulge in disreputable overseas investments designed to fatten their pocketbooks, Raft finds himself at loose ends without his companion, Constable Freddie Crook. Far from offering their help, the ton use every asset at their disposal to keep Raft from discovering the truth about hapless kidnap victim Miriam Dewberry -- who may not even exist. Soon Raft discovers that his old nemesis, the workhouse master John Gallant, has returned to London. This is a frightened London: the London of Whitechapel, of Jack the Ripper, the London of poverty, dirt and despair, where a right turn down the wrong alley could earn Raft a swift trip to the morgue.