By Adam Markovitz
Updated March 15, 2012 at 10:38 PM EDT
Credit: Larry Busacca/Getty Images

There’s no stopping this pai. As we reported in February, Leonardo DiCaprio and Martin Scorsese joined forces for the fifth time to adapt The Wolf of Wall Street from Jordan Belfort’s 2007 memoir about his experiences making millions in the stock market only to wind up in jail for fraud and money laundering. Though money may have proved problematic for Belfort, the director and his man-muse learned today it wouldn’t be for them. According to Deadline, the project has secured full funding from Red Granite Pictures and is ready to prep production

Wolf was a surprisingly long time coming — Scorsese and DiCaprio first eyed the project nearly four years ago. The pair’s previous collaborations — Gangs of New York, The Aviator, The Departed, and Shutter Island — have earned over $400 million domestically. Emma Tillinger Koskoff, Irwin Winkler, Jennifer Killoran, and Alexandra Milchan will join DiCaprio and Scorsese as producers.

Scorsese is also currently attached to direct the Jo Nesbø adaptation The Snowman, the period drama Silence with Daniel-Day Lewis, and a biopic of Frank Sinatra. No star has officially signed up yet to play Ol’ Blue Eyes, but after this, our money’s on DiCaprio.

For now, one thing is certain: Shooting on Wolf will begin this August in New York.

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