Waterhouse will portray Quintana, the love interest of Egerton’s tennis pro Dean Karny. Elgort is playing Joe Hunt while Spacey is portraying Ron Levin and Emma Roberts has been cast as Hunt’s love interest, Sydney.
The film will follow the rise and fall of Hunt and Karny, who ran a Ponzi scheme called the Billionaire Boys Club in the early 1980s. The scheme collapsed when Levin’s investment turned out to be worthless.
Hunt turned to murder to raise funds and was convicted in 1987 of killing Levin. Karny served as the state’s witness in the trial.
James Cox (“Wonderland”) is directing from a script he co-wrote with Captain Mauzner.
The project, produced by Holly Wiersma and Cassian Elwes, is being financed by Armory Films with its principals Tim Zajaros and Chris Lemole executive producing. Crystal Lourd, Jere Hausfater and Logan Levy will also executive produce.
Good Universe launched international sales at the American Film Market.
NBC aired a “Billionaire Boys Club” miniseries in 1987 with Judd Nelson as Hunt, Ron Silver as Levin and Brian McNamara as Karny.
Waterhouse, 23, has been modeling since she was 16. Her acting credits include “Insurgent,” “Pride and Prejudice and Zombies” and the upcoming “Bad Batch.”
She’s repped by CAA and in the U.K. by Independent Talent; she’s managed by Alyssa Vradenburg of Untitled Entertainment.