Fake Yahoo site phishes for identities -ZdNet
The fake site, which was still live on Wednesday afternoon, is being hosted on a Yahoo Geocities account and asks users to log in with their Yahoo user ID and password. Victims are being lured to the Web site by spam sent over Yahoo's instant messenger service. This means a user will receive a message often from someone on their friends list telling them to visit the site, which makes the scam more believable.

Viruses making use of instant messenger are becoming far more popular. This is really showing that identity theft is where the next big threats are heading. The only reason for this site to exist is, it is not stealing credit cards or taking any money off you in any way, it is just after personal details.