The Panama Papers Scandal To Inspire Netflix Original Film

A story involving the world's elite, ranking heads of state and secret offshore bank accounts is too good of a story not to be made into a movie.

Netflix, Inc. (NASDAQ: NFLX) announced on Tuesday it will create a feature film of the story behind the Panama Papers scandal that dominated headlines earlier this year.

Related Link: Everyone Involved In the Panama Papers Scandal In 1 Interactive Map

German investigative journalists Frederik Obermaier and Bastian Obermayer broke the intriguing story that resulted in judicial investigations, resignation of heads of state and a book, "The Panama Papers: Breaking the Story of How the World's Rich and Powerful Hide Their Money." In the deal, Netflix acquired the rights to the book.

Netflix and John Wells Productions will team up to tell the story of "two journalists who, working through an anonymous source known as John Doe, cracked open an unprecedented torrent of lies, diversions and information that revealed how the wealthy hid billions of dollars offshore through a little known law firm in Panama," the release states.

"We are confident that between the expert investigative work of Obermaier and Obermayer, the only journalists in touch directly with John Doe, the ICIJ (International Consortium of Investigative Journalists), and the master storytelling of John Wells Productions, we will be able to deliver a gripping tale that will deliver the same type of impact as the the Panama Papers when they were first revealed on the world's front pages," said Ted Sarandos, Chief Content Officer of Netflix.