What comes next, if you do not have WOT or something similar (What?) to protect you, is that you will go into a PayPal lookalike and compliantly enter your PayPal Email and of course, your Password to log in - that is effectively all the Scambugs need.
I have WOT installed on all browsers that I use and - thank you WOT - you immediately reported a Website forgery. So, protect yourself in (at least) 2 ways:
1.. Install WOT - it's a free app.
2. Do not ignore the WOT warnings - they are not given lightly. I have watched people using the web, and many just Ex our the warning and proceed anyway - Remember that the Scambugs and Spambugs are out there - and if you have already installed WOT, at least follow the rules you have set for yourself - pay attention to the security warnings - and have a nice day!