A millionaire who fakes his death in a fire to frame deliveryman Max Grabelski for a money-laundering conspiracy. He is actually alive, collaborates with Palmer to steal laundered funds, and is ultimately defeated by Max.
Bragdon's scheme makes Max the central scapegoat and drives his attempt to clear his name.
Bragdon fakes his death and frames Max for murder and money laundering after Max discovers the conspiracy.
Their partnership is the hidden criminal structure behind the frame-up.
Bragdon reveals that Palmer is his henchman posing as an FBI agent, and that they planned to steal the laundered money.
Bragdon uses her captivity to control the final confrontation.
Mrs. Patterson reaches the cabin first but is captured by Bragdon.
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