Not sure how old that scam / phishing mail is, but it is a quite good one and I am pretty sure many receivers could be trapped with that one.

The mail looks like a mail from paypal telling you that there is a problem with your account and your account will get closed soon - it also delivers a link for logging on to solve the issue.

Experienced users will immediatly recognize that the link does not point to paypal but does point to some phishing site, which looks good but actually is a phishing site.

They will gather your login credentials and therefore will be able to use your paypal account to transfer money or buy something with it.

In the end that is also a bad thing for sellers - because every purchase made with a stolen / hijacked paypal account could be canceled (not sure how paypal handles that) .. so there will be a whole bunch of issues with it.

Hopefully someone will catch those mail senders and amputate their heads with a sponge.

As always: Just watch the links in a mail - most of them are very easy to see and you are on the save side.