The film will be directed by US filmmaker Abel Ferrara, who is best known as the director of the 1992 crime thriller ‘Bad Lieutenant’.
Strauss-Kahn was forced to resign from the IMF last May after he was charged with sexually assaulting a maid at a hotel in New York.
The charges were later dropped, but the scandal left a significant impact on his political career.
The film would be shot in New York, Paris and Washington, Ferrara said. He also said that the script was already written.
Ferrara is popularly known as a director of exploitation films that are often dark or edgy, dealing with the seedier and crueller aspects of urban living.