Joke answer: it already exists as Ozark, about a suburban Chicago accountant laundering money.
The hosts say a Disney Plus remake is being made in Canada, with Archie Yates as the kid, Rob Delaney thought to play the father and Ellie Kemper as the mother; as a movie it makes sense but the premise cannot stretch over a show.
A Cobra Kai style show about the Wet Bandits rebuilding their lives ten years later, reframed as class warfare against a spoiled child, is called a great idea.
Culkin could be a powerful figure like the mayor of Chicago who keeps sending them back to jail; the original actors should be used.