An international arrest warrant has been issued for Valencia, who authorities believe may have run a drug trafficking operation using an "all-female empire" of models and beautiful women, according to British media.
According to The Telegraph, the 30-year-old model is wanted for using a squad of beautiful women as drug mules, transporting cocaine from South America to Europe.
Police said they discovered the operation when they arrested a 21-year-old woman carrying 55 kilos of cocaine at Buenos Aires' Ezeiza Airport, according to the newspaper.
Valencia was crowned Colombia's Coffee Queen in 2000 and is believed to live in Argentina, according to The Sun.
Story Contributed by CBS Affiliate WCTV