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Snake oil is a term used to describe deceptive marketing, health care fraud, or a scam. Similarly, "snake oil salesman" is a common expression used to. Snake oil is a term used to describe deceptive marketing, health care fraud, or a scam. Similarly, "snake oil salesman" is a common expression used to describe someone who sells, promotes, or is a general proponent of some valueless or fraudulent. In the s, snake oil was brought to the American West from China, where it was used in traditional Chinese medicine practices. "Snake Oil Salesman." The phrase conjures up images of seedy profiteers trying to exploit an unsuspecting public by selling it fake cures. While snake oil did at one point refer to the actual oil or grease made from snakes for believed medicinal purposes, today it means "poppycock" or "nonsense. A men's boutique, specializing in timeless apparel & footwear. Brands include Rogue Territory, Red Wing Heritage, 3Sixteen, RRL, Alden, APC and more. considered to be snake oil salesman - disingenuous hucksters peddling panaceas to the vulnerable and credulous - but the efficacies and recipes of these. For centuries snake oil has been a folk remedy in Chinese medicine, used primarily to treat joint pain such as arthritis and bursitis. Its. The term “snake oil” is used to describe any worthless pseudo-medical remedy promoted as a cure for various illnesses. By extension, snake. Snake oil has become the byword for dodgy treatments while those who spruik them are dubbed 'snake oil salesmen'.