willowman, there is a spam email going round, I had one the other day - it told me there is a problem with a payment to someone I've never heard of.
Don't do anything, don't click on the link in the email - just FORWARD the whole thing to their phishing email account which is
[email protected] - they like to hear if people are being phished, they will get back to you if it's a trick.
I only ever go into Paypal via their web page, clicking on a link in an emai is very risky, Paypal don't ever ask you to enter details via an email link.