Man Sentenced to Life in Prison for Murder of Florida Jeweler
John Willard Craiger, 83, fatally shot jeweler Ghazi “Gus” Michel Osta following an argument in the store.

Craiger pleaded guilty to first-degree murder with a firearm and attempted first-degree murder in open court on Nov. 26 and was sentenced to life in prison, according to The Daytona Beach News-Journal.
He had initially pleaded not guilty in August.
On July 19, Craiger, said to be a frequent customer at Osta’s store, Volusia Gold & Diamond, entered the store around 1 p.m. and approached the jeweler while he was working behind the counter.
Witnesses told police that Craiger was arguing with Osta over a jewelry transaction and challenged Osta to a fight in the parking lot, the News-Journal reported.
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 appeared 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.
He was shot multiple times in the legs and also sustained a head injury, police said. The two store employees were not injured.
Craiger was booked at the Volusia County Jail on July 31 after recovering from a gunshot wound and head injuries at a local hospital.
He was indicted by a Volusia County grand jury the week of Aug. 5.
Osta is 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 $15,900 as of press time.
The Latest

The new addition will feature finished jewelry created using “consciously sourced” gemstones.

In his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.

The index fell to its lowest level since May 2014 amid concerns about the present and the future.

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

The new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.


The brands’ high jewelry collections performed especially well last year despite a challenging environment.

The collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

The initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.

The new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.

The retailer operates more than 450 boutiques across 45 states, according to its website.

The new members’ skills span communications, business development, advocacy, and industry leadership.

The jeweler’s 2026 Valentine’s Day campaign, “Celebrating Love Stories Since 1837,” includes a short firm starring actress Adria Arjona.

The new features include interactive flashcards and scenario-based roleplay with AI tools.

Family-owned jewelry and watch retailer Deutsch & Deutsch has stores in El Paso, Laredo, McAllen, and Victoria.

The Italian luxury company purchased the nearly 200-year-old Swiss watch brand from Richemont.

Micro-set with hundreds of diamonds, these snowflake earrings recreate “winter’s most elegant silhouette,” and are our Piece of the Week.

Ella Blum was appointed to the newly created role.

Sponsored by RapNet

Investment firm Enhanced Retail Funding, a division of Gordon Brothers, was the successful bidder.

It explores the history of the iconic tagline and the company’s strategy to redefine the role of diamonds in society.

Retail veteran Sindhu Culas has stepped into the role.

Taylor Burgess, who has been at Stuller since 2013, was promoted to the newly created role.

Was 2025 a good year for jewelers? Did lab-grown diamonds outsell natural? Find out on the first episode of the “My Next Question” podcast.

Whether you recognize their jewels or are just discovering them now, these designers’ talent and vision make them ones to watch this year.

























