Framed by Ray Santilli and his friend Gary Shoefield as they recount the events to documentary filmmaker Morgan Banner, the narrative unfolds as a cautious, curious chronicle of a discovery that blurs the line between fakery and belief. The film traces a path that begins in 1995, when the duo head to the United States in search of Elvis memorabilia to sell on a London market stall run by Ray, hoping to strike it rich through a once-in-a-lifetime find. Their quest leads them into the orbit of Harvey, a former US Army cameraman who offers them a silent black-and-white recording of Elvis performing live, only to return with a second, more tantalizing proposal: a 1947 film that allegedly documents the autopsy of an alien from a UFO crash near Roswell, New Mexico, pitched to sell for $30,000.
Back in England, the search for an investor continues, and Ray persuades Laszlo Voros, a Hungarian art and drug dealer obsessed with crop circles, to supply the money and secure the mysterious film. Once the film is retrieved, the pair confront a harsh truth—the footage has degraded from humidity and heat, rendering it unwatchable. To avoid serious repercussions from Voros, they improvise a solution: they recreate the alleged alien death scene themselves, transforming the living room of Gary’s sister into a makeshift studio, fashioning a convincing dead alien from a mannequin and meat purchased from a butcher, and shooting with a Bell and Howell spring-wound camera. Ray hands Voros a copy of the finished product, and Voros accepts it as genuine, setting the stage for a lucrative but precarious venture.
Buoyed by their success, the pair begin selling the film to various venues, securing a substantial payoff. That momentum is threatened, however, when Voros suddenly demands 80% of the profits. The tension reaches a dramatic turn when Voros is killed by a green Land Rover while standing naked in a crop circle, an event that sparks widespread speculation about CIA involvement. The story then shifts to Argentina, where Ray and Gary promote the film under the scrutiny of Amber Fuentes, a reporter who seduces Ray and tracks down Harvey. To protect the anonymous source, they stage an interview with a homeless former actor portraying Harvey, which persuades Amber of a degree of credibility, though she remains skeptical about the film’s authenticity.
As the film’s aura continues to intrigue, Ray and Gary become convinced that some fragments of the original 1947 footage might be recoverable by film restoration experts. After they view the results, they confront a decisive moral choice: bury the film and walk away, acknowledging that they cannot continue with the ruse, whichever truth—real or manufactured—they choose to pursue. The tale thus weaves together ambition, deception, and the elusive pursuit of proof, leaving questions about whether what they pursued was a hoax, a miracle, or something in between.