Just got an email intitled "Billing Issues". I called paypal and they verified that this is a new scam. The link in the email isn't secure so don't log in.
The email says:
Dear valued PayPal member:
It has come to our attention that your PayPal billing informations are
out of order. If you could please take 5-10 minutes out of your
online experience and update your personal records you will not run
into any future problems with the online service. However, failure
to update your records will result in account suspension. Please
update your records by June 24th.
Once you have updated your account records your PayPal session will not be
interrupted and will continue as normal. Failure to update will result in
cancellation of service, Terms of Service (TOS) violations or future
problems.
To update your PayPal records click here:
http://cgi1.paypal.com/aw-cgi/paypalISAPI.dll?UPdate
PayPal Update team
http://www.paypal.com
The email says:
Dear valued PayPal member:
It has come to our attention that your PayPal billing informations are
out of order. If you could please take 5-10 minutes out of your
online experience and update your personal records you will not run
into any future problems with the online service. However, failure
to update your records will result in account suspension. Please
update your records by June 24th.
Once you have updated your account records your PayPal session will not be
interrupted and will continue as normal. Failure to update will result in
cancellation of service, Terms of Service (TOS) violations or future
problems.
To update your PayPal records click here:
http://cgi1.paypal.com/aw-cgi/paypalISAPI.dll?UPdate
PayPal Update team
http://www.paypal.com