The film follows the true story of the rise and fall of Joe Hunt (Elgort) and Dean Karny (Egerton), who ran a Ponzi scheme called the Billionaire Boys Club — which propelled them into the upper echelons of Los Angeles in the early 1980s, until the scam collapsed collapsed when an investment from one participant, Ron Levin (Spacey), turned out to be worthless.
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.
As Variety first reported, Judd Nelson will also appear in the film, playing the father of Elgort’s Joe Hunt. Nelson previously portrayed Joe Hunt in NBC’s “Billionaire Boys Club” miniseries in 1987, in which he starred alongside Ron Silver and Brian McNamara.
Cocquerel has a slew of films coming out in the next year including the Anna Kendrick pic “Table 19.” He was most recently seen in “Kidnapping Mr. Heineken.”
He is repped by CAA, Shanahan Management and Management 360.