Detectives from the Directorate of Criminal Investigations (DCI) on Monday impounded eight cars and recovered several items believed to be behind fake gold racket in Kileleshwa.
The house usually under the watch of officers from the General Service Unit (GSU) belongs to businessman Jared Otieno.
DCI George Kinoti confirmed the raid, saying 15 suspects have been arrested so far.
The raid didn’t come as a surprise as the flamboyant businessman has been linked to related scams in the past.
In 2017, he was arrested over claims of swindling foreigners in a fake gold deal following complaints by foreign nationals who accused him of conning them of huge sums of money amounting to more than Sh187 million.
According to the police, the Mr Otieno often told the complainants that monies they sent him was used to pay government taxes and exportation expenses.
The arrest came as a shocker as he was perceived ‘untouchable’ even after several expose by local media and blogs.
In 2015, Otieno sent social media into a frenzy with his Sh15 million lavish pre-wedding with Kendi Mwiti that featured choppers and high-end fuel guzzlers.
The ceremony was attended by Kisumu Senator Anyang’ Nyong’o, Meru’s Kiraitu Murungi and former cabinet minister Chris Obure.