Suspect Indicted in July Murder of Florida Jeweler
John Craiger, 83, faces a charge of first-degree murder in the death of Ghazi “Gus” Osta, owner of Volusia Gold & Diamond in Daytona Beach.

On July 19, Craiger, said to be a frequent customer at Osta’s store, Volusia Gold & Diamond, entered the store before 1 p.m. and approached the jeweler while he was working behind the counter.
Following a “brief verbal altercation,” Craiger pulled a small revolver out of the right-front pocket of his pants and shot Osta in the head, according to police and the charging affidavit filed in the case.
Osta died of his injuries at the hospital.
A store employee, later identified as the victim’s son, David Osta, exchanged gunfire with Craiger.
Another employee approached Craiger from behind and struck him in the head with what appears to be a small statue, according to the affidavit.
Craiger fell to the ground, revolver in hand, and was struck again, this time with a small brass-colored vase.
Craiger was shot multiple times in the legs and also sustained a head injury, police said. The two store employees were not injured.
He was booked at the Volusia County Jail on July 31. He had been in the hospital recovering from a gunshot wound and head injuries, according to a local news report from WKMG/ClickOrlando.com.
The week of Aug. 5, a Volusia County grand jury indicted Craiger on charges of first-degree murder and attempted first-degree murder, the state attorney’s office for Florida’s seventh judicial circuit announced via Facebook.
His was one of five cases the grand jury heard that week.
Osta was remembered by his family as “a loving father, brother, and friend to so many. He had the soul of a lion and always wore his heart on his sleeve.”
A native of Lebanon who immigrated to the United States, Ghazi opened Volusia Gold & Diamond 38 years ago alongside his wife, Leigh Osta.
Together, they had four children: Sienna, David, Pavlina, and Fiona Osta.
“His energy, generosity, and passion for life could be felt by all those who came into contact with him. Our dad was always striving to help those around him. He loved his community, and they loved him back. He will be deeply missed,” said his family.
A GoFundMe page for the family had raised more than $14,000 as of press time.
The Latest

Stores should expect to see the most customers on Nov. 27, and Christmas week is expected to be hectic too, as Dec. 25 falls on a Friday.

The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

The top lot of Elmwood’s recent fine jewelry sale in London was a 1.84-carat, D color Tiffany & Co. solitaire diamond ring.

Experience gemstones with greater precision and comfort than ever before.

The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.


This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

Submit your pieces for a chance to win in this year's competition.

The trade-only event includes buying opportunities as well as educational sessions on artisanal mining, the new Paraíba source, and more.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.

The live charity benefit sale in Nashville will also feature gowns, boots, and other memorabilia from the country music legend.

Sponsored by Overnight Mountings

The supplier organization recently joined JA and JVC to have more input on political issues affecting the jewelry industry.

Blue Nile, a Signet Jewelers-owned brand, is now Royal Asscher’s exclusive licensed retailer in North America.

“Royal Oak” pays homage to the brand’s most popular watch model using 18-karat gold as well as diamonds, emeralds, and sapphires.

As part of the transition, Joseph Nicosia has stepped into the role of COO.

Participants now have until Oct. 14 to complete their submissions.

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

FGI President John Orrico is also leaving the company after more than 13 years.

The 2026 edition will feature presentations on alternative materials and design trends, as well as pop-up activations on the show floor.

It is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.

These jewels stood out at Bonhams’ sale of the cat-loving tech entrepreneur’s collection of objects depicting the feline form.

The fine jewelry brand has expanded the collection that debuted at Couture with four new designs based on its most popular styles.

The AGTA president was elected for a two-year term on the board of directors.

The partnership, a pledge to protect Africa’s Okavango River Basin, has been extended for an additional five years.

The new facility, its first outside of Thailand, will boost its manufacturing capacity by 50 percent.























