THE Underbelly franchise has its sights on infamous Melbourne identity Joseph ‘‘Squizzy’’ Taylor. Casting is happening for the new series, which will be called Underbelly: Squizzy and set in the early 1900s. The Taylor character appeared briefly in Underbelly: Razor, highlighting Taylor’s rivalry with gangster John Daniel ‘‘Snowy" Cutmore. In that series, Taylor was played by Justin Rosniak (left). Underbelly: Squizzy is part of a $65 million investment that Channel 9 will make in local productions over the next 18 months. Also on the slate are House Husbands and Howzat, both of which will screen after the Olympics. Taylor (called Squizzy because of his droopy left eyelid) began his life of crime early. He was accused of being involved in murder, armed robbery, prostitution and illicit drugs. His reputation as a crime boss grew after his role in the ‘‘Fitzroy Vendetta’’ of 1919.