Complaint Review: Lwpelectronics Bill Chang

I received this email, but have no paypal account set up. Huge scam!!!
Dear PayPal Member,

This email confirms that you have paid LWPELECTRONICS (sales@lwpelectronics.com) $474.99 USD using PayPal.

This credit card transaction will appear on your bill as "PAYPAL LWPELECTRONICS*".

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PayPal Shopping Cart Contents

Item Name: BRAND NEW NOKIA 8800 CELL PHONE
Quantity: 1

Total: $474.99 USD

Cart Subtotal: $454.99 USD
Shipping Charge: $20.00 USD
Cart Total: $474.99 USD

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Shipping Information

Shipping Info: Bill

Address Status: Unconfirmed

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If you haven't authorized this charge, click the link below to cancel the payment and get a full refund.
Dispute Transaction

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The PayPal Team
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Bridgette
Walled Lake, Michigan
U.S.A.