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Stanford, aides failed to appear for testimony: U.S.



    WASHINGTON (Reuters) - Texas billionaire Allen Stanford and top aides at his investment group failed to respond to recent subpoenas seeking their testimony on what federal investigators now call a "massive" fraud, court papers said on Tuesday.

    The Securities and Exchange Commission said it had issued subpoenas to Stanford, aide James Davis and O.Y. Goswick, a board member of Stanford International Bank. "None of these witnesses appeared for testimony or produced a single document," the SEC said.

    (Reporting by Randall Mikkelsen, editing by Jackie Frank)