In a story from The Hollywood Reporter, Writer-director Craig Zobel is going to be making the film Gizmondo.
Producer Beau Flynn optioned the story from an October 2006 Wired article by Randall Sullivan that was titled "Gizmondo's Spectacular Crack-up."
Zobel will be writing and directing the screenplay.
The article follows Swedish con artist Bo Stefan Eriksson, who, among other things, "wrecked a million-dollar Ferrari Enzo going 160 mph on Pacific Coast Highway above Malibu in February 2006."
Eriksson got started with a hand-held video game company, called Gizmondo, that eventually went bankrupt.
Eriksson was most recently deported in January 2008 and was put away again in March.