Is localhost.com Safe?

This domain address is currently being used for the distribution of spam: From: Mr. James Armed. (postmaster@localhost.com) Sent: 15 September 2012 11:18:49 Please, Your Urgent Attention Is Needed! We wish to inform you that the diplomatic agent conveying the consignment box valued the sum of $4.7 Million United States Dollars misplaced your address and he is currently stranded at your international airport right now. We required you reconfirm the following information below so that he can deliver your consignment box to you today, Call him his phone ***** ask him where he is he should be in JFK New York by now. NAME: =============================== ADDRESS: ============================ MOBILE NO.:========================== NAME OF YOUR NEAREST AIRPORT: ======== A COPY OF YOUR IDENTIFICATION: ====== YOUR POST OFFICE ADDRESS; P.O BOX; ==== Please do contact the diplomatic agent with the email below with the information required. Contact Person: Paul Eze EMAIL: ***** EMAIL: ***** He is waiting to hear from you today with the information. For security reason read bellow:- I did not let the delivery Agent knows that your consignment box contain the above mentioned amount of United States Dollars and on No circumstances should you let him know the content is $4.7M USD(CASH). The consignment was moved from here as family treasures, so never allow him to open the box until it get to your base. This is for security reason. Just supply the above requirement info and also use their CODE as a subject matter to him:-CONIGNMENT CODE: CAF/XX/05. Regards Thanks. Mr. James Armed.