"James Cox will direct the indie true crime thriller "Billionaire Boys Club," based on the true story about a group of wealthy young men in Los Angeles during the '80s who resorted to murders after their social and investment club went sour.
Holly Wiersma is producing the film, which is budgeted at less than $15 million. A late-summer/early fall start date is planned.
The BBC was composed of young graduates of the Harvard School for Boys (known today as Harvard-Westlake School) who schemed to use investor money to support their lavish lifestyles. When funds ran short in 1984, founding member Joe Hunt and others resorted to extortion, kidnapping and, ultimately, two murders. Trials and convictions ensued. Hunt, who represented himself, remains behind bars."