Dr. Mehmet Oz Net Worth about to Go Down? Senators Grill Oz for Bogus Product Ads

Will Dr. Mehmet Oz net worth start to decrease because of the issues he currently faces? Oz, a famous doctor for celebrities, was recently reprimanded by the country’s senators for pawning off bogus diet products. Oz frequently advertises his weight-loss products on his TV show, but senators were mad and have had enough of his “bogus advertisements” on Tuesday.

Oz was believed to be the main power source of the fraudulent advertisements, despite his assertions that he was not the suspect as he, himself, was a victim of the scammers. The Tuesday hearing was a follow-up to last January’s crackdown by the Federal Trade Commission against fake dietary supplements.

Senator of Missouri, Claire McCaskill, who heads a Senate subcommittee that is focused on consumer protection, said during the hearing, “I don’t get why you need to say this stuff because you know it’s not true. So, why, when you have this amazing megaphone…why would you cheapen your show by saying things like that?”

McCaskill was not shy in saying that Oz has contributed a lot in perpetuating scams of this type. She said, “When you feature a product on your show, it creates what has become known as the ‘Dr. Oz Effect’ – dramatically boosting sales and driving scam artists to pop up overnight using false and deceptive ads to sell questionable products.”

She then continued, “While I understand that your message is occasionally focused on basics like healthy eating and exercise, I am concerned that you are melding medical advice, news, and entertainment in a way that harms consumers.”

Oz gave his response on the matter during his guesting at NBC’s TODAY show. He admitted that he has a tendency to use “flowery” words and that he now realizes that the moment he recommends a certain product, scammers will use his words and spin it a little just to sell their spurious products. He said, “I concede to my colleagues at the FTC that I am making their job more difficult.”

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