TEL AVIV—Israeli police said they questioned Prime Minister Benjamin Netanyahu for three hours at his official residence on Monday on suspicion of receiving unlawful gifts.

Local media outlets had in recent days reported police were considering launching a criminal probe on the matter. Mr. Netanyahu and his family have previously been subjects of allegations of corruption, which they have repeatedly denied. They have never been charged by police. A spokesman for Mr. Netanyahu didn’t respond to a request to comment.

“We pay attention to publications in the media,” Mr. Netanyahu told a Monday meeting of his Likud party in the Israeli Knesset, or parliament, according to Israeli television. But regarding an investigation, he said, “there will be nothing because there is nothing.”

Ronald Lauder, president of the World Jewish Congress and chairman of Clinique Laboratories LLC, a subsidiary of Estée Lauder Cos., was among those reported by the daily Haaretz newspaper and other media to have given Mr. Netanyahu gifts. Haaretz reported that Mr. Lauder told police he had bought suits for Mr. Netanyahu and provided hospitality to the prime minister’s 25-year-old son, Yair, during his time overseas.

A spokesman for Mr. Lauder said Mr. Lauder had spoken with Israeli authorities in October on a visit to Israel for the funeral of statesman Shimon Peres, but has had no further contact with police investigators. The spokesman declined to comment on details of the discussions with police, but denied what was reported by Haaretz.