Leonardo DiCaprio is set to star in and executive produce the biopic on the Enron collapse, Conspiracy of Fools for Warner Bros.; Leo will produce through his Appian Way company.

Based on a book by New York Times reporter Kurt Eichenwald, Sheldon Turner will adapt the screenplay. Variety reports DiCaprio will play a newcomer to the Houston-based energy company who slowly peels back the layers to expose the campaign of greed and fraudulent accounting that drove Enron into bankruptcy in 2001.

No production schedule has been set for Conspiracy of Fools.