I received this warning this morning and wanted to share with anyone that could be affected:

 

Subject: URGENT - EMAIL PROBLEMS

THIS IS VERY SERIOUS, PLEASE SEND TO EVERYONE ON YOUR E-MAIL LIST!! 
 
Anyone-using Internet mail such as Yahoo, Hotmail,
 AOL and so on.
 
This information arrived this morning,
Direct from both Microsoft and Norton
 
Please send it to everybody you know who has
 Access to the Internet.
 
You may receive an apparently harmless e-mail titled   'Mail Server Report'
 
If you open either file, a message will appear on your screen saying:
 'It is too late now, your life is no longer beautiful.'
 
Subsequently you will LOSE EVERYTHING IN YOUR PC,
 And the person who sent it to you will gain access to your
 Name, e-mail and password.
 
This is a new virus which started to circulate on Saturday afternoon.
 AOL has  already confirmed the severity, and the anti virus software's are not capable of destroying it.
 
The virus has been created by a hacker who calls himself  'life owner'.
 
PLEASE SEND A COPY OF THIS E-MAIL
 TO ALL YOUR FRIENDS, And ask them to
 PASS IT ON IMMEDIATELY!
 
THIS HAS BEEN CONFIRMED BY SNOPES