Wolfgang Paschke stops by the house to say hi to his wife and finds his son in the middle of a snowball fight. Unfortunately, he has to go back out again.

Paschke has some trouble at the bank and we get the impression that he is experiencing some financial problems.

After Paschke leaves the bank, it is robbed by two men who then proceed to leave what they stole in Paschke's car.

After liquor is secretly added to his beer at the bar, Paschke runs off the road on the icy drive home and is caught by the police. Meanwhile, there are no leads as to who the bank robbers may have been.

Paschke is questioned at the police station and then lies to his wife about how his night ended.

Paschke is fired the morning after his accident, and finds the bag of money as he is removing his things from the company's vehicle.

Wolfgang brings the bag of money home and learns more about the bank robbery from a television report. Suddenly, the chief of police is standing at the door...

Christmas preparations are underway, but the police and the bank robbers are still looking for Wolfgang.

Paschke realizes that the bag of money is missing and has been mistaken for a bag of toys! He hurries to the church and finds himself getting into a Santa suit...

Wolfgang is kidnapped by the actual thieves, but manages to cleverly escape. However, the chief superintendent is waiting at his house.

Paschke, still disguised as Santa Claus, says he is making a delivery to Berlin to avoid the police and his wife. Unfortunately, his photo is in the paper and everyone has seen it.

Patrizia finds out about Superintendant Hagenbach's suspicions, as does the whole town. Paschke tries to decide what to do with the money.

The bank robbers steal the wrong bag from Paschke's house. All Paschke wants now is to give the money back.

While the bank robbers are chasing down every Santa Claus they see, Wolfgang Paschke seems to be developing a plan.

Paschke escapes the burglars once more and goes back to Ms. Kringel, who has counted the money and found that there is only half of the amount the bank manager claimed had been stolen.