To a skillet add the oil, red peppers, and shallots. Saute for several minutes until aromatic and slightly translucent. Set Aside.
Add the cream cheese , heavy cream, and honey to a medium bowl and whisk until smooth.
Stir in the flaked crab, bell peppers, shallots, and green onions. Salt and pepper to taste.
To prepare the breading toss together the flour and panko, with the coriander, parsley, pepper, and salt in a wide shallow bowl or large plate.
Place 1/2 tablespoon of the crab mixture into the breading and gently roll and sprinkle to coat, with some controlled pressure. The mixture may be a little soft, so allowing it to sit, breaded, for several minutes, (perhaps while the batch before it fries,) will cause it to stiffen and be easier to handle going into the fry oil, as well as to turn as needed within the fry oil.
Working in batches, as needed and as noted in step 5, fry each ball for 3-4 minutes in oil that has been preheated to 375°F, until crispy and golden on all sides.