Trudie Styler's Xingu Films has picked up film rights for American Reaper, the upcoming graphic novel by Pat Mills and Clint Langley.

According to The Hollywood Reporter, the story is set in a future where identity theft leads to victims having their minds erased and replaced by those of the elderly rich seeking a second youth or by criminals and terrorists with more sinister motives. A team of special agents, known as Reapers, are formed to track down and terminate those responsible.

Neither cast nor director are attached, but co-producer Alex Francis said the targeted budget will be $50 million-plus. "I can't see it being made for less," he said.

No production date has been set.