By Derek Lawrence
Updated September 30, 2016 at 09:29 PM EDT
Credit: Mark Metcalfe/Getty Images

Zac Efron is going from the beach straight to hell.

The Baywatch star is producing a film with Paramount Pictures based on John LeFevre’s Wall Street book, Straight to Hell, EW has confirmed. The project is said to be in early stages of development, with Efron also eyeing a potential role in the film.

Straight to Hell is sure to bring comparisons to Leonardo DiCaprio’s The Wolf of Wall Street, as LeFevre’s book pulls back the curtain on his life in the win-at-all-costs world of investment banking. In 2011, the mysterious Twitter account @GSElevator was created, which gave a glimpse into the world of finance with stories shared that had been heard in the Goldman Sachs’ elevator. As the account gained notoriety, the company launched an investigation into the person behind the account, which turned out to be LeFevre.

Dirty Grandpa scribe John M. Phillips will write the script. Efron will produce the film through his company, Ninjas Runnin’ Wild, along with Doug Banker at Five All in the Fifth Entertainment.

Efron has been as busy as ever with upcoming roles in Baywatch, The Masterpiece, and The Greatest Showman.

The Hollywood Reporter first reported the news.