When two gay thugs Angel (Eduardo Noriega) and El Nene (Leonardo Sbaraglia) join a plan to hold up an armored truck with a group of seasoned gangsters, their love and loyalty to each other is tested. Angel is wounded by police gunfire during the robbery, forcing El Nene to kill them all in a fit of rage. Things become complicated when they escape to Uruguay and the police threaten to torture the driver's moll if she doesn't tell them where they are. With their pictures plastered on the cover of every paper, drowning in drugs and alcohol, the gang begins to bicker. Against his boss's wishes El Nene leaves the apartment and roams the streets where he meets a prostitute named Giselle (Leticia Bredice) in whom he begins to trust. Director Marcelo Piñeyro, whose films have been both critically acclaimed and commercially successful, is one of the most important figures in contemporary cinema in Argentina. His fourth film is a delicate balance of a gripping bloodbath and a moving, tender love story. BURNT MONEY is based on a book by Ricardo Piglia and was inspired by a true story of a famous bank robbery in Buenos Aires in the 1960s.

This film was screened in April 2001 at the Walter Reade Theater in New York City as part of a New Argentine Cinema festival organized by the Film Society of Lincoln Center.