The shocking true story of one of the worse Ponzi schemes ever comes to the big screen this July with the tale of the Billionaire Boys Club. And this isn’t the first time this true tragic crime tale has been told.
In 1987, NBC aired a miniseries based on the story of the Billionaire Boys Club, which starred Judd Nelson as Joe Hunt, Brian McNamara as Dean Karny, and Ron Silver as Ron Levin. This time around the story has been updated with a new cast of talented young actors.
Directed by James Cox, Billionaire Boys Club tells the story of a group of wealthy boys in 1980s Los Angeles, who come up with a plan to get-rich-quick with a Ponzi scheme. Led by Joe Hunt (Ansel Elgort), the group embarks on a dangerous high stakes game with investor and con-man, Ron Levin (Kevin Spacey).
The scam they concoct is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for older investors by acquiring new investors. Fleeced by Levin the BBC as they call themselves take matters into their own hands, which results in the murder of the con-artist.
Interestingly, Nelson will be returning to BBC 2018 portraying as Ryan Hunt, the father of Joe Hunt. Co-stars for the Billionaire Boys Club include Taron Egerton, Jeremy Irvine, Emma Roberts and Suki Waterhouse. Check out the trailer after the jump.