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Strategies & Market Trends : World Outlook

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To: Les H who wrote (44304)	11/19/2024 6:20:32 PM
From: Les H	Read Replies (1) of 50629

What to know about Dr. Mehmet Oz, Trump’s pick to lead Medicare and Medicaid by: JONATHAN J. COOPER, Associated Press Posted: Nov 19, 2024 / 05:57 PM EST Updated: Nov 19, 2024 / 06:02 PM EST He made his reputation as a surgeon, but he made a fortune as a salesman Oz dispensed nutritional and lifestyle advice on his show, portraying himself as a trusted doctor capable of explaining health matters in an engaging and approachable way. But his show also blurred the line between medical advice and advertising, failing to make clear to his audience just how closely he worked with the companies he pitched. He repeatedly promoted products of questionable medical value and was named in lawsuits that alleged he made misleading claims on the show. Several of the companies he has promoted are structured as multilevel marketing businesses whose practices have repeatedly drawn the attention of federal regulators. Oz had a net worth between $100 million and $315 million, according to a federal financial disclosure he filed in 2022, which gives dollar values in ranges but does not provide specific figures. wavy.com

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