Shelter given to one conning trader?
'trader?' is the definition.
Although both the answer and definition are singular nouns, I cannot understand how they can define each other.
'shelter given to one conning' is the wordplay.
'shelter' becomes 'house' (housing is a kind of sheltering).
'given to' says to put letters next to each other.
'one conning' becomes 'wheel' (I can't explain this - if you can you should believe this answer much more).
'house' put after 'wheel' is 'WHEELHOUSE'.
Can you help me to learn more?
(Another definition for wheelhouse that I've seen is " Part of vessel".)