Nelson-Joyce will take the lead role in a new "darkly comic period heist" titled The Man Who Stole Portugal, which is inspired by "one of the most audacious financial frauds in history".
The cast for the film also includes House of Guinness's Emily Fairn as Reis's wife Maria, Bank of Dave's Joel Fry as his friend and business partner Jose and Sense and Sensibility's Herbert Nordrum as a a flamboyant diplomat named Karel.
The aforementioned Grant plays Sir William Waterlow, the head of a British printing firm while West is Carlos, a newspaper editor whose publication eventually helps expose the fraud.
The full synopsis reads: "In the economic turmoil of 1920s Portugal, Reis discovers how far a forged qualification and a convincing bluff can take him.
"Celebrated as a financial visionary, Reis begins lending money to people the established banks have turned away, winning the admiration of a country desperate for change.
"But behind his extraordinary rise lies a fraud of unimaginable scale, and the growing question of just how far he can push his luck before it all comes crashing down."
"I could really connect with his frustration at being underestimated, and that determination to prove people wrong," he said.
"It's a remarkable story, but what makes it so entertaining is that you're never quite sure whether to cheer Alves on or beg him to stop.”
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