If you receive the following phishing email claiming to be from service@paypal.com, do NOT fall for it! This is NOT legit and whatever you do, do NOT click the link inside the message.
Instead, forward it to spoof@paypal.com.
For more information about reporting PayPal fraud or a PayPal scam, you can visit the official PayPal page here and/or contact customer service (that information can be found here).
If there is a problem with your account, you will receive a response from the PayPal spoof team. Also, if you are concerned then log in to your PayPal account (NOT by using the link provided in the email message) and investigate.