G-Gold Gallery Sdn Bhd and its director Daniel Choong Yew Chee were charged at the Kuala Lumpur Sessions Court on 25 June 2008 by the Prosecution Unit of Bank Negara Malaysia for receiving deposits without a licence under section 25(1) of the Banking and Financial Institutions Act, 1989 (BAFIA). Daniel Choong Yew Chee was also charged under section 4(1) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) by the Attorney Generals Chambers for money laundering. Both the company and the director claimed trial to the offences.

For the above offence, should the company be found guilty, the company can be fined up to RM10 million. On the other hand the director can be fined not exceeding RM10 million or to imprisonment for a term not exceeding 10 years or to both for the offence under BAFIA. For each offence under AMLATFA the director can be liable to a fine not exceeding RM5 million or to imprisonment for a term not exceeding 5 years or to both.