The film features Closed-circuit television footage from several of the jewel heists attributed to the Pink Panthers, who are credited with over 300 jewel thefts throughout the world. Interspersed throughout the documentary are interviews with various personas such as crime experts as well as anonymous interviews with persons claiming to be members of the Pink Panthers. Smash & Grab also features several segments that follow Mike (Tomislav Tom Benzon), Mr. Green (Daniel Vivian), and Lena (Jasmin Topalusic), fictionalized depictions of members of the Pink Panthers.