Here's what you would get when you click on the link in the email [1].

NOTE: If you pay attention, you'll notice in the Address bar that you aren't located on the PayPal website. When you go to any website, especially when linking from an email message, look up in the address bar to make sure you arrived in the right spot. It is possible to fake the domain name on a site, but it is much more difficult and is unlikely. Scammers don't need to do it anyway, because not enough people pay attention because they're too trusting and believing when something is sent to their email In-box.

If you were to fill out this form, you would give the crooks the following sensitive information: Name, address and phone number; PayPal login and password; credit card number, expiration and security number; SSN; date of birth; mother's maiden name; bank account number, PIN and routing number.

Is there any good identity theft data you don't give here!!! I don't think so.

Here's what PayPal says on the subject of scam websites:

Please follow these tips to keep your account secure:

Only enter your PayPal password on pages where the URL begins with https://www.paypal.com/ [2]. Even if the URL contains the word 'PayPal', it may not be a PayPal webpage.

These "spoof" websites try to imitate PayPal in order to obtain your PayPal password and access to your account. Spoof websites we encountered in the past have included: www.paypalnet.com [3], www.paypa1.com [4], and www.paypalsecure.com [5].

Some spoof websites will send emails that pretend to come from PayPal to entice you to log in at the spoof URL. Be especially cautious of emails that direct you to a website asking for sensitive information such as your password, credit card, or bank account information. Remember, you can recognize a spoof email if it suggests that you log in to a URL that does not begin with exactly https://www.paypal.com/ [2].

Good advice.