Wonderland helmer James Cox will direct the film, which is a remake of the 1987 film of the same name. The TV movie was based on a true story about a group of wealthy young men whose schemes and manipulative ways eventually lead to murder.

Elgort would play the leader of the group, Joe Hunt.

Cassian Elwes and Holly Wiersma are producing. Good Universe is selling the project at the upcoming American Film Market in November.

Cox directed the 2003 film Wonderland starring Kate Bosworth and Carrie Fisher and the 2013 film Straight A’s with Ryan Phillippe. He’s repped by CAA.