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 capsule collection looks to vintage trunk pins that echo the spirit of speed, freedom, and the mythology of the American road trip.

SSEF issued a notice about the potential new source of the sought-after gemstone, citing “credible reports” from trade sources.

As Amazon Prime Day kicks off, Etsy is encouraging shoppers to support small businesses.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Cole Winward is the recipient of 2026 AGA Gemological Scholarship.


Whether they evoked nostalgia, wonder, or laughter, these jewels put a smile on our faces.

Scheduled for April 2027, Basilia will be the first watch and jewelry trade show held in Basel since the collapse of Baselworld in 2020.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

The beloved beagle dons his aviator outfit for the new Engineer Master II Snoopy Flying Ace timepiece.

The recent high jewelry auction, which also featured the sale of a 10-carat blue diamond, was “a celebration of color.”

She wore the “Le Cauri Endiamanté” earrings, our Piece of the Week, in the Obamas’ first dual portrait for the Obama Presidential Center.

Couture’s Michelle Orman joins Amanda Gizzi and Michelle Graff for this special post-Market Week episode of My Next Question.

The lab is seeing emeralds with filler added post-testing enter the market, accompanied by reports that indicate little to no treatment.

The third generation of the Stern family to head Patek Philippe, he navigated the “quartz crisis” and preserved the brand’s independence.

The Texas-based jeweler is gradually rolling out a new experience-forward layout in its stores.

The Super Bowl LX champions were honored with diamond and blue sapphire rings by Jason of Beverly Hills.

Marianna Smirnova previously spent a decade working with the Responsible Minerals Initiative, in addition to other relevant roles.

The New York Knicks took home the Larry O'Brien Trophy crafted by Tiffany & Co.

Associate Editor Natalie Francisco lists the trends she spotted during Jewelry Market Week that will dominate the second half of 2026.

Its app now reflects increased prices for Mozambique ruby, as well as changes to its Burma ruby charts.

The manufacturer has tapped Alicia Arnold, the former director of custom design at Tiny Jewel Box.

The revamped, elevated space will feature a two-story Patek Philippe atelier and a rooftop patio for parties.

The special-edition piece marks the 140th anniversary of the iconic beverage brand.

Here are 13 small charms to inspire your layered looks this summer.

Found by a metal detectorist, the ring likely belonged to a wealthy, possibly royal, owner, said Noonans.

Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.
























