As part of a series on Identity Protection Resources, PayPal has a section on Spoofing or Phishing.
"Many spoof emails look very real. While there are some telltale signs, it can often be difficult to identify fake emails. Whenever you get an email about your PayPal account, the safest and easiest course of action is to open your browser and log in to your PayPal account directly without clicking any links in the email.
Warning signs that an email about your PayPal account are fake include a generic greeting, a false sense of urgency, and links that don't include:
"https://www.paypal.com" immediately before the first "/".
[Edited entry from 11/7/2005]
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