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A federal judge has sentenced Florida jeweler John R. (“Jack”) Hasson to 40 years in prison for fraud and ordered him to repay $78.4 million to his victims. Nearly all the money—$77.7 million—will go to retired businessman Aben Johnson of North Palm Beach, Fla., whose lawsuit led to Hasson’s arrest. The rest will go to golf champion Greg Norman and other former customers, says the Palm Beach Post, which has covered the case since it began. The decision was issued by Judge James L. King on June 9. It’s the largest fraud judgment ever against a jeweler, say legal and jewelry industry authorities. Hasson, 48, a well-known North Palm Beach, Fla., jeweler who lived an opulent lifestyle and claimed celebrities among his clients, must serve 34 years before he is eligible for parole under federal law. He was found guilty by a federal jury on Feb. 25 of defrauding customers with o
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