It is pretty much assumed by almost everyone out there that Skype is fully under surveillance and intercepted. If you care in the slightest bit about security, don't use Skype. Other than that I find it useful for keeping in contact with friends and family. For gossip and inane chatter it works well.
I think risqué Skype calls are the more common concern: long-distance relationships (and teens) outnumber moustache-twirling villains by millions-to-one