Everyone has a Paypal account offering online payment solutions worldwide. This has prompted corrupt people to circulate fake phishing Paypal emails and create fake spoof websites that resemble the official Paypal emails and Paypal.com to trick less aware web users to reveal their secret personal information, usernames and passwords. Do you report these Fake Paypal Emails and Websites to Paypal?

It is common to find a fake Paypal email sitting in your inbox, which you usually delete or mark as spam. Go a step further and report Phishing and Spoofing to Paypal itself. The Paypal Security Centre is commited to fighting fraud, and preventing Identity Theft. You can help Paypal deal with these illegal websites and spam emails by reporting them.

Report a fake phishing Paypal email
Simply forward all fake paypal emails to spoof@paypal.com and then delete them. Such emails usually have lots of spelling mistakes, with masked links where the url text is different from the fraud sites they lead to, and ask you for your passwords in an attempt for identity theft. It takes a few seconds more, but it will help stop fraud.

Report Fake Spoof Paypal Site
If you visit a fake Paypal website, usually by mistyping the url, or clicking on a hidden / masked paypal link in a phishing email - don’t close the window or tab. Note the url, then fill this form on the official Paypal site which lets you report such sites. Test your fake site spotting skills with this phishing quiz. If you entered any personal information into the suspicious website, change your password immediately and check your transaction history for inaccuracies.

Next time you get a fake Paypal email, forward it to Paypal immediately before deleting it. Tricked into visiting a fake Paypal site, report it to Paypal. These small initiatives on our part will help Paypal fight this fraud, deal with the imposters and create a secure web for users.

Update: I usually forward fake paypal emails to them and get this reply.

Thanks for taking an active role by reporting suspicious-looking emails.
The email you forwarded to us is a phishing email, and our security team is working to disable it.

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What is a phishing email?
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Phishing emails attempt to steal your identity and will often ask you to
reveal your password or other personal or financial information. PayPal
will never ask for your password over the phone or in an email and will
always address you by your first and last name.

Take our Fight Phishing Challenge at
https://www.paypal.com/fightphishing to learn 5 things you should know about phishing. You’ll also see what we’re doing to help fight fraud every day.

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You’ve made a difference.
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Every email counts. By forwarding a suspicious-looking email to
spoof@paypal.com, you’ve helped keep yourself and others safe from
identity theft.

Thanks,
The PayPal Team