The story of billionaire hedge fund mogul Raj Rajaratnam, which shocked the investment community and led to the indictment this week of former Goldman Sachs board member Rajat Gupta, is headed to the big screen according to CNBC reports.
A New York production company says it is in pre-production for "Billion Dollar Raja," billed as "an investigative financial mafia drama," to be written and directed by New York filmmaker Nayan Padrai, who says he hopes to begin filming next fall. No word yet on the cast.
Rajaratnam was convicted in May on 14 criminal counts in what authorities called the largest hedge fund insider trading case in history. Earlier this month, he was sentenced to eleven years in prison. This week, his attorneys filed formal notice he plans to appeal.
The case has had no shortage of storylines or characters — many of them captured on undercover FBI audio recordings….
Find out more at http://www.cnbc.com//id/45069490
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