Mr. Magoo is up against the glamorous, dangerous and sultry Luanne Leseur (Kelly Lynch), the lovely but ruthless international jewel thief who, along with her dim-witted sidekick, Bob Morgan (Nick Chinlund), sets-up Mr. Magoo, steals, loses and recaptures the priceless Star of Kuristan ruby for their boss – evil mastermind Austin Cloquet (Malcolm McDowell). Chasing the bad guys who are chasing Magoo and the ruby are scruffy, accident-prone FBI agent, Chuck Stupack (Stephen Tobolowsky), and slick CIA operative, Gus Anders (Ernie Hudson), both of whom are hot on the wrong trail. Stacey Sampanahoditra (Jennifer Garner), Waldo’s love interest, is the foreign representative trying to hide the ruby’s theft from her government and master criminal, Colombian mobster Ortega “The Piranha” Peru (Miguel Ferrer), who wants the egg-sized gem as a gift for his bride – and will stop at nothing to get the precious stone.
This live action version has our myopic hero battling jewel thieves. Some very funny moments, but Hollywood just won’t learn – animation serves this type of humor more effectively, as evidenced by the animated opening sequence. TriStar Video has just released several Magoo cartoons, including the feature length Mr. Magoo.