Leonardo DiCaprio will star in the Martin Scorsese-directed The Wolf of Wall Street for Warner Bros. Pictures, with The Sopranos writer Terence Winter penning the script. The project is an adaptation of Jordan Belfort’s upcoming autobiography, which tells the story of how the Long Island stockbroker, to be played by DiCaprio, served 20 months in prison for refusing to cooperate in a 1990s securities fraud case that involved widespread corruption on Wall Street and in the corporate banking world, including mob infiltration. The book publishes in September. The movie deal closed on Friday (March 23) after a brief bidding war between Warner and DiCaprio’s Appian Way production company and Paramount and Brad Pitt’s Plan B. It is not yet known when Scorsese is scheduled to begin work on Wolf. He currently is developing, and may direct, The Long Play, a rock ‘n’ roll epic to be penned by Departed writer William Monahan, as well as an adaptation of Eric Jager’s book Last Duel: A True Story of Crime, and is said to be eyeing an adaptation of Brian Selznick’s children’s novel The Invention of Hugo Cabret. DiCaprio just signed on to star alongside Kate Winslet in an adaptation of Richard Yates’ Revolutionary Road.

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