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Local Financial Planning Company Files Federal Civil Suit Against Former Employees


Adams Wealth Management is pursuing a federal civil suit against former employees accused of computer fraud, “hacking,” and “plotting the demise” of the company and its managing director Steven Craig Adams.

According to a complaint filed with the United States District Court for the District of Utah, on May 25, both Ryan Bohm and Tanner Dance were terminated from their employment at the company after allegedly committing “fraud and other acts of dishonesty” while “unlawfully obtaining” information for their own gain in another business endeavor.


In January 2020, a civil case involving the same parties was filed with the 1st District Court in Cache County. But an order to classify the case as private was filed with the court in April 2020, leaving all documents in the case sealed from the public — including a counterclaim filed by the defendants’ attorneys nearly two months prior.  Read the rest of the story on HJnews.com.


This story is made possible thanks to a community reporting partnership between The Herald Journal and Utah Public Radio.