The PayPal (and eBay) schemes have been around for a couple of years now. I don't even bother with sending them on to the "spoof" sites at eBay and PayPal, anymore. They either do nothing, or can do nothing about the phishers. Same thing with banks, credit cards, etc.
Word to the wise, NEVER, EVER send email that includes financial information/passwords/etc. to these 'unknown' people requesting it via email. It's 99.9% certain to be a fraudulent enterprise. As already advised, always type in the url you want to go to. Don't use automatic links for this kind of activity.