Grind conch meat using coarse blade of a meat grinder; set aside.
Combine flour, baking powder, salt, and pepper in a medium mixing bowl. Add milk, egg, and butter, mixing well. Stir in ground conch.
Drop batter by tablespoonfuls into deep hot oil (375°). Cook 2 minutes or until conch fritters float to the top and are golden brown. Drain on paper towels.
Transfer fritters to a warm serving platter, and serve with cocktail sauce.