This is obviously not from PayPal, but the font in the word account displayed using odd looking font, is this a security risk to me that Outlook.com displayed this font? See below, Outlook has preview text enabled as default
Nope, that's not actually a different font, it's Unicode. There's no exploit at work here.
Specifically, it's either another language's character set or, more likely, mathematical alphanumeric symbols like these, which are all rendered from the same font:
For other examples of abuse regarding mathematical alphanumerics, search twitter for fakeunicode mathematical or just follow @FakeUnicode, an account dedicated to the oddities of unicode and unicode abuse.
This is a technique used to evade spam detection.
Here's what a computer sees given 𝙰𝚌𝚌𝚘𝚞𝚗𝚝 rather than Account:
$ echo "Here's what a computer sees given 𝙰𝚌𝚌𝚘𝚞𝚗𝚝 rather than Account" |hd 00000000 48 65 72 65 27 73 20 77 68 61 74 20 61 20 63 6f |Here's what a co| 00000010 6d 70 75 74 65 72 20 73 65 65 73 20 67 69 76 65 |mputer sees give| 00000020 6e 20 f0 9d 99 b0 f0 9d 9a 8c f0 9d 9a 8c f0 9d |n ..............| 00000030 9a 98 f0 9d 9a 9e f0 9d 9a 97 f0 9d 9a 9d 20 72 |.............. r| 00000040 61 74 68 65 72 20 74 68 61 6e 20 41 63 63 6f 75 |ather than Accou| 00000050 6e 74 0a |nt.|
This hex dump shows that 𝙰𝚌𝚌𝚘𝚞𝚗𝚝 is not ASCII. 𝙰 is represented by three bytes, 0xf0 0x9d 0x99, which is U+1D670. Contrast with A, which a single byte, 0x41.
Most anti-spam systems parse text using patterns and/or models of word frequencies. By altering the text, your spammer has altered how the anti-spam systems see the message. This message's subject does not technically use the word "account", so a rule seeking that pattern or a model using that word won't recognize it.
Smarter anti-spam systems will account for this in some way by massaging the text into ASCII and/or by specifically hunting this sort of obfuscation technique. Word frequency models can learn about "words" like this as well.