Mason, who co-wrote the memoir with Lee Gruenfeld, stole more than $35 million in jewels from members of high society over the course of three decades while maintaining an outwardly conventional life. Among those victimized were Bob Hope, Phyllis Diller, Robert Goulet, Truman Capote, Armand Hammer and Johnny Weismuller.
Mastromauro and Pelland are producing and are currently out to writers and to actors to take on the role of Mason.
Identity has also brought on Tara Ahamed to oversee development for the company. Ahamed spent several years at CAA and a year at Jerry Bruckheimer Films before joining Identity.
Project was originally set up at Paramount in 2004 with Christine Peters at her CFP Prods.