Bill Silkworth was a member of the 1924 U.S. team which won the gold in the clay pigeon event. It was remarkable that he could concentrate on his shooting, given the events of his recent past. In 1918 Silkworth was elected president of the Consolidated Stock Exchange of New York. In 1923 he was forced to resign as president when questions were raised about his bank deposits of $123,000 on a salary of $10,000. On 28 May 1924 he was charged with defrauding investors in stocks and bonds, only two days before he left for Paris with the U.S. Olympic team. He was put on trial, with several of his cohorts, after his return from Paris, and on 29 November 1929, he was found guilty of using the mails to defraud and was sentenced to a short jail term and fined several thousand dollars.