Mr. Soft Touch is a 1949 film about a man on the run from the Mob. It stars Glenn Ford and Evelyn Keyes.
Joe enters the nightclub through a secret passageway and takes the money again from the new boss, Barney Teener Roman Bohnen. He hires some men to dress up as Santa Claus to distribute presents to the children at a fundraiser at the settlement house. Joe slips in as another Santa and leaves the money to pay for the rebuilding. As he slips away, Jenny realizes what is going on and chases him out into the street, calling his name. Hearing this, the waiting mobsters shoot Joe in the back. The film ends at this point, leaving it unclear whether he will live or die, or what the future holds for the couple.
Source: Wikipedia