
The newest scam people are getting is the "update your paypal account" email. It's fairly realistic looking and I have no doubt its worked on a few folks. I know my super-smart colleagues would never fall for this, but I'll put it out there just the same.
----- Original Message ----
From: "service@paypal.com" <service@verio.com>
Sent: Thursday, June 26, 2008 10:49:47 AM
Subject: Notification of Limited Account Access
Dear PayPal Member,
As part of our efforts to provide a safe and secure environment for the online community, we regularly screen account activity. While reviewing your PayPal accounts, we observed activity that we would like to further verify.
For this reason, limitations have been placed on your account until your will review your registered intormation. In order to resolve the account limitations, complete our online form by clicking on the following link:
Log into your PayPal account
After we have gathered the necessary information, your account will be reviewed for reinstatement and you will be notified by e-mail of our decision.
We thank you for your prompt attention to this matter and apologize for any inconvenience.
Sincerely,
Account Review Department
© 2008 PayPal Inc. All rights reserved. PayPal is located at 2211 N. First St., San Jose, CA 95131
Then you will then see this page (above link is now dead)

Then once you click on the link on that page, you go here:

The page will accept any fake password combo you enter, since its really just collected info. You will then go to yet another page that will ask you for your personal info such as birthday, social security number, bank account number, mothers maiden name, and even your ATM card number with PIN number!
You may also receive similar emails and bogus log in pages for all major banks.
This has been around for a while. Not getting scammed is very easy... All you have to do is remember one simple fact - companies do not email individuals about these topics.