22 Mar, 2024 @ 13:00
1 min read

Marbella’s glamorous ‘cocaine queen’ is facing 10 years in jail: ‘The model’ ran ’25-year criminal empire from the Costa del Sol’

A GLAMOROUS woman known in police circles as ‘the model’ is facing ten years in jail for running a sprawling cocaine empire from her Marbella mansion.

Maria Teresa Jaimes Caicedo, whose 25-year trafficking network came crashing down as the Olive Press revealed in November 2022, traded in ‘Rolls-Royce’ branded blow.

Prosecutors are demanding eight years in jail for cocaine trafficking plus two years for belonging to a criminal organisation – with a €200,000 fine thrown on top.

Her criminal empire spanned from the Costa del Sol and the Costa Blanca in Spain to Denmark and Poland and Colombia.

Queen Of Cocaine Maria Teresa Jaimez Caicedo
Known as ‘the model’, Maria Teresa Jaimes Caicedo was orchestrating a cocaine smuggling empire

Until the Colombian native’s arrest, she was leading a life of luxury, with no discernible income.

Police who raided her sprawling mansion complex were astonished at its opulence, boasting two swimming pools, a tennis court and ‘a garden that resembles the rainforest’.

Her downfall was the brick of branded 80%-pure cocaine they found in a walk-in wardrobe, already opened for guests to enjoy.

Police sources described her to this newspaper as ‘a real black widow’ for the fact that she had already seen two previous husbands put behind bars for smuggling.

Yet she herself managed to continue the family business and go under the radar for so many years.

A policeman from Greco, part of the National Police’s Udyco organised crime and drug unit, revealed how his colleagues were ‘amazed’ when they started investigating her VIP lifestyle.

Cocaine Found In Maria Teresa Bedroom
When police raided her Marbella mansion they discovered a huge brick of cocaine

Her house – ordinary-looking from the streets – was described as ‘like a city’ inside.

“I’ve seen many homes of criminals, but this was something else,” he told the Olive Press at the time.

“She was supporting around 10 people, including her mum and four children and she had a daily fitness trainer and also went to crossfit classes.

“If she needed a plane ticket, someone got it. A hotel, it was always five stars, a restaurant, always the best. A boat, her friends had them. The cars, always changing, but nothing too flash. Think BMW or Audi.”

He continued that the €3m villa in central Marbella was ‘like a fortress’ with numerous CCTV cameras, high walls and incredible security.

“She actually slept in her own panic room bedroom, which was only reached via a false door from a library.”

He added it could only be accessed by pushing a button that, like a Hollywood movie, opened to a staircase up to Maria Teresa’s suite.

The suite itself featured an elevated marble jacuzzi, supported by marble columns, while a giant mirror was placed on the ceiling above the bed.

Inside a giant walk-in wardrobe amid racks of Prada shoes, Dsquared2 jackets and Gucci bags was a packet of cocaine that gave everything away. 

Walter Finch

Walter Finch, who comes from a background in video and photography, is keen on reporting on and investigating organised crime, corruption and abuse of power. He is fascinated by the nexus between politics, business and law-breaking, as well as other wider trends that affect society.
Born in London but having lived in six countries, he is well-travelled and worldly. He studied Philosophy at the University of Birmingham and earned his diploma in journalism from London's renowned News Associates during the Covid era.
He got his first break in the business working on the Foreign News desk of the Daily Mail's online arm, where he also helped out on the video desk.
He then decided to escape the confines of London and returned to Spain in 2022, having previously lived in Barcelona for many years.
He took up up a reporter role with the Olive Press Newspaper and today he is based in La Linea de la Concepcion at the heart of a global chokepoint and crucial maritime hub, where he edits the Olive Press Gibraltar edition.
He is also the deputy news editor across all editions of the newspaper.

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