Yes I have received quite a few fraud paypal emails. I make it a point not open any links in the email especially when they inform me that they are going to close my account if i don't update my information though the link.
Point is all those e-mail are spoof, you get Paypal and Ebay spoof mostly. When you click in any of those link it will re-direct to a similar looking page, collect you personal information, and guess what you are hacked doing so.
Ya i too receive lots of e-mails when i open my yahoo account, thankfully i use to receive mails in my spam box not in my In-box. I never use to read those mails and i just use to delete those mails with my i eye closed. So be careful when you receive such mails.