A North Carolina man pleaded guilty to mail fraud in a scheme that took $2.7 million from a Florida professional employer organization over a three-year period, the U.S. Attorney’s Office for the Southern District of Florida reported.

The man, Carl Fuller, 52, of Wake Forest, N.C., pretended to be an insurance agent named David Walters and fraudulently represented he had obtained workers’ comp insurance coverage for National Employer Services, an Avon Park, Fla.-based PEO, according to the U.S. Attorney’s Office. The fraud happened from around March 2005 through August 2008.

According to court documents, Fuller’s had NES send insurance premium payments to a post office box at a UPS Store and actually paid $437,852 in workers’ comp claims to help perpetuate the fraud.

Fuller faces up to 20 years in prison, a $250,000 fine and a mandatory order for restitution in the amount of at least $2.7 million, according to the U.S. Attorney’s Office. His sentencing has been scheduled for Feb. 10, 2012.