圈钱 Traditional form: 圈錢 Pinyin (reading): quānqián Definitions: (coll.) (neologism c. 2006) to raise money then misappropriate it Characters: 圈 - circle, ring, loop; to encircle 钱 - money, currency, coins Traditional characters: 圈 - circle, ring, loop; to encircle 錢 - money, currency, coins