A Range Rover and high value watches were seized by police investigating a suspected building services fraud.
They were recovered after a raid on a house in Sheffield by Greater Manchester Police.
Victims of the scam live in Greater Manchester. Three people from Wigan, Bolton, and Fallowfield, and another from Newcastle-under-Lyne, near Stoke, had been visited by a tradesman who they hired to complete work on their homes.
A 36-year-old man has been arrested on suspicion of four counts of fraud by false representation.
The victims had agreed payment in installations, and the tradesman would began work. After a small portion had been done, a second payment would be made, but the work would not be continued.
As well as recovering the vehicle police also seized Rolex and Audemars Piguet watches worth tens of thousands of pounds.
Detective Chief Inspector Joe Harrop from the Economic and Cyber Crime Unit, said: "These people have been left with empty pockets, and half-done home improvements, and we will continue to investigate to ensure the person responsible is held accountable.
The impact of this kind of crime cannot be understated, and can have devastating consequences on people's lives.
"However our investigations rely partly on the intelligence we receive from the public - so I would like to take this opportunity to appeal to anyone with any concerns, or if you're in a situation where something doesn't feel quite right, to please get in touch with police. The more information you give, means we can do more to protect vulnerable people within our communities.
Anyone with any information or concerns should contact police or the independent charity, Crimestoppers, anonymously on 0800 555 111