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 Italian jewelry company appointed Matteo Cuelli to the newly created role.

Sherry Smith unpacks independent retailers’ January performance and gives tips for navigating the slow-growth year ahead.

From how to get an invoice paid to getting merchandise returned, JVC’s Sara Yood answers some complex questions.

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

Amethyst, the birthstone for February, is a gemstone to watch this year with its rich purple hue and affordable price point.


The manufacturer said the changes are designed to improve speed, reliability, innovation, and service.

President Trump said he has reached a trade deal with India, which, when made official, will bring relief to the country’s diamond industry.

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

The designer’s latest collection takes inspiration from her classic designs, reimagining the motifs in new forms.

The watchmaker moved its U.S. headquarters to a space it said fosters creativity and forward-thinking solutions in Jersey City, New Jersey.

The company also announced a new partnership with GemGuide and the pending launch of an education-focused membership program.

IGI is buying the colored gemstone grading laboratory through IGI USA, and AGL will continue to operate as its own brand.

From cool-toned metal to ring stacks, Associate Editor Natalie Francisco highlights the jewelry trends she spotted at the Grammy Awards.

The medals feature a split-texture design highlighting the fact that the 2026 Olympics are taking place in two different cities.

From tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.

The “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.

The catalog includes more than 100 styles of stock, pre-printed, and custom tags and labels, as well as bar code technology products.

The chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”

The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.

Any gemstones on Stuller.com that were sourced by an AGTA vendor member will now bear the association’s logo.

The Swiss watchmaker has brought its latest immersive boutique to Atlanta, a city it described as “an epicenter of music and storytelling.”

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.

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.




























