Vancouver-based United Front Games, already hard at work on ModNation Racers for Sony, has revealed that it’s got a second game in development.

True Crime is the third game in the third-person action series of the same name published by Activision. The first two games, released in 2003 and 2005, were set in Los Angeles and New York, respectively.

UFG’s game takes place in Hong Kong, and is inspired by the stylish and violent Hong Kong action movie genre.

Players will take on the guise of Wei Shen as he infiltrates a triad crime syndicate.

A press release issued today (December 14) summarized the plot: “As a newly hired thug within the Triad organization, Wei must do whatever it takes to stay undetected and survive, balancing his moral duty as a cop with the objectives of the assignment. In order to ascend the ranks of the underworld gamers will engage in visceral, fast-paced martial arts combat and explosive gunfights, along with high-octane driving sequences and acrobatic free-running chases as they go deeper and deeper undercover.”

Stephen van der Mescht, executive producer at UFG, said in the release that his studio is “excited about the opportunity to deliver a complete reboot of the True Crime experience....We are dedicated to creating both an exceptional open-world gameplay experience through our combat, free-running, shooting and driving mechanics, as well as a rich story with memorable recurring characters. We want players to feel like an undercover cop experiencing the moral dilemmas and life and death situations of the HK underworld.”

True Crime is being developed for the PlayStation 3, Xbox 360, and Windows PC and will be released in the fall of 2010.