Austin plans an auction for his criminal friends from around the world and shows them the ruby. Mr. Magoo disguises himself as Ortega Peru, a thief from Brazil who never goes anywhere and joins the auction which is taking place in a communal indoor pool. However, he is discovered when the fake tattoo on his chest is washed away by the water. Luanne breaks up the auction, steals the ruby, and escapes on a snow mobile away from the lair. The government arrests Austin and his friends while Mr. Magoo gives chase on an ironing board and winds up in the middle of a women's skiing competition. Waldo and Angus sneak out of the lair, catch up with Magoo, and track down the ruby.