There has been a number of emails being sent to PayPal members that are a hoax. If it does not address you by your first and last name at the beginning of the email such as "Dear (Your Name)" then you will know that it is a hoax. Forward those emails to spoof@paypal.com to report them. Do not click on any links and give any information. I contacted PayPal and they said that they have been getting a lot of calls today regarding this. They may try to get you to verify that you have a new email address or that your account has been flagged or anything to get information from you.