EXCLUSIVE: Scott Gardenhour (13 Hours) is set to produce Ponzi: Pure and True alongside Flag On The Play Productions and producers Dominic Zamprogna and Travis Schneider.
The upcoming film adapts the Charles Ponzi biography Ponzi: The Incredible True Story of the King of Financial Cons by Donald Dunn.
Ponzi was, of course, the Italian swindler notorious for his “Ponzi scheme,” used to cheat would-be investors across North America out of tens of millions of dollars, beginning in the 1920s.
The film on the con artist has been written by Richard Kahan. Producers’ search for a director for the project is now underway. “Before Madoff, before any other big-time hustler, there was Charles Ponzi,” said Gardenhour in a statement. “It’s time to meet the swindler’s swindler, the man who invented The Ponzi Scheme.
Read more on deadline.com