Leonardo DiCaprio

Oscar-nominated Leonardo DiCaprio is to star in a film about the collapse of energy giant Enron, a report said.

DiCaprio will play a new arrival at the Texas-based corporation who gradually uncovers the culture of greed and fraudulent accounting that drove Enron into bankruptcy in 2001, Variety reported.

It is the second time the scandal has been brought to the big-screen following the documentary "Enron: The Smartest Guys in the Room", which was nominated at last year's Oscars.

The movie "Conspiracy of Fools", will be based on the book of the same name by New York Times reporter Kurt Eichenwald.

DiCaprio is in contention for an Oscar at this month's Academy Awards, where he has been nominated for his performance in "Blood Diamond".