BBC Big Screen

James Cox (Wonderland) has signed on to direct the indie crime thriller "Billionaire Boys Club" says The Hollywood Reporter.

The project is based on the true 80's-era story of the Billionaire Boys Club--a group of wealthy young Harvard-Westlake School graduates who schemed to use investor money to support their lavish lifestyles. When funds ran dry in 1984, founding member Joe Hunt (pictured) fell back on extortion, kidnapping and ultimately murder.

Cox's script, which he thoroughly researched, will focus on a character created from a composite of several BBC members. That character falls under Hunt's influence and starts committing deceptions that evolve into outright fraud. He must ultimately decide where he wants his life to go.

Holly Wiersma is producing the pic

Filming on the project kicks off later this Summer.

The story was brought to the small screen in 1987