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Federal Way mint owing money to hundreds files for bankruptcy

Northwest Territorial Mint is one of the largest private gold and silver mints in the country.

<p>(Credit: KING)</p>

A gold and silver mint in Federal Way that owes money to customers across the country has filed for bankruptcy.

Northwest Territorial Mint filed for Chapter 11 bankruptcy March 31, one day after a KING 5 report in which the owner admitted he owes money to 100 - 200 customers. But according to the bankruptcy filing, the number is 200 - 999.

Northwest Territorial Mint is one of the largest private gold and silver mints in the country.

The owner, Ross Hansen, would not come out of his office to talk to KING 5 when we visited his company's storefront on Tuesday morning.

When we reached Ross Hansen last week, he said he was not selling products or refunding money because he lost a $38 million defamation lawsuit in Nevada. According to Hansen, a judge ordered him not to refund money.

Northwest Territorial Mint has been in trouble with officials before. In 2008, the Washington Attorney General ordered the company to deliver products it sold.

A spokesman for the Better Business Bureau says it's unlikely any customers will be able to get refunds after the bankruptcy filing.

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