Virus HOAX - "Life is Beautiful"

The Following Email is purely a HOAX mail supposedly talking about a virus "life is beautiful " which contains an EXE file which when clicked erases all content from your computer. Well its claimed to be a HOAX mail so you wont really get such an email . Note : Anyways just incase better to know about it , incase some hacker actually uses this to actually create one.Here's what the email says :

Please Be Extremely Careful especially if 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 email with a Power Point presentation
'Life is beautiful.'

If you receive it DO NOT OPEN THE FILE UNDER ANY CIRCUMSTANCES , and
delete it immediately .

If you open this 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 antivirus 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 EMAIL TO ALL YOUR FRIENDS and ask them to
PASS IT ON IMMEDIATELY