Lamont Cranston (Alec Baldwin), once a ruthless warlord in Tibet known as Ying Ko, is reformed by a mystical figure called the Tulku. He returns to New York City as The Shadow, a vigilante who uses psychic powers—like invisibility and mind manipulation—to fight crime. His nemesis, Shiwan Khan (John Lone), a descendant of Genghis Khan, threatens the city with an atomic bomb

Från IMDB:
In 1930s New York City, The Shadow (Alec Baldwin) battles his nemesis, Shiwan Khan (John Lone), who is building an atomic bomb.