This one sticks out most in my mind.....
If you didn't close and lock your windows at night, NINJAS would come into your house and kill you. Ninja stars, samaurai swords and the whole bit. You had to be especially scared on the second floor because DUH....ninjas can, and obviously prefer to, scale walls,....hello?? You have no idea how many hot summer nights I slept through with the windows closed![smiley=cwm2.gif]
Now that I'm older and maybe a little bit wiser, :

The other rumor we literally suffered through was the BLACK VAN. This black van had no windows and would drive the streets and grab up lone children to perform any number of horrible inexplicable acts upon them. (NO Nintendo for a month!! AHH!)
Obviously this one was meant to keep us off the streets, but I think that there is some truth to this one. Actually I think that many neighborhoods filled with children have experienced this.
I'm not sure if these can completely be catorigized into the "Urban Legends" group, but I think any group of kids growing up together has them. Anyone else have any??? ???