It was checked out on snopes and it indicated that this is true
>> and also with Truth or Fiction
>>
>> 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!
Don't open it or take this as a joke please.