Caught in the Act was filmed under the title You Betcha My Life, in honor of its star, Italian character comedian Henry Armetta. The plot concerns a construction foreman named Mike (Armetta) who inherits a whole passel of headaches when he's promoted to salesman. Among these is a gang of crooks who make their living peddling "protection" to hapless building contractors. Before Mike is able to brings the villains to heel, he himself is tossed behind bars, much to the dismay of his long-suffering spouse Mary (Inez Palange). Though amusing in small doses, Henry Armetta gets a bit wearisome when he's on-screen for nearly a full hour.