Robert Downey Jr.’s production company Team Downey is developing a movie based on the book “Chasing Phil: The World’s Greatest Con Man, Two Undercover FBI Agents, and Their Amazing Around the World Adventure.”
The project is being developed as a potential acting vehicle for Downey in the role of conman Phillip Kitzer Jr.
Warner Bros., which has a first-look deal with Team Downey, picked up the movie rights to David Howard’s nonfiction book, which centers on the FBI agents who infiltrated the world of Kitzer, a Minnesota swindler who masterminded dozens of multimillion-dollar schemes, such as selling worthless securities from bogus offshore enterprises during the 1970s.
Warner Bros. has also acquired the life rights for FBI agents Jim Wedick and Jack Brennan.
Downey, wife Susan Downey and David Gambino are producing. Rob Hackett is overseeing the project with Gambino for Team Downey, while Courtenay Valenti and Julia Spiro are supervising for Warner Bros.
Downey is currently filming Marvel’s “Captain America: Civil War.” He’s repped by CAA.
ICM Partners repped the book proposal, along with the life rights of the two FBI agents.