marrington,
King Philip's senechals arranged for the simultaneous arrest of all known Templars in France on Friday 13.
It is that day that sealed the fate of many.
DeMolay was an OLD man, who had been tortured heinously to extract a confession. Some believe the that he was actually crucified in the manner in which Christ was believed to be crucified until he "confessed" from the agony (some believe that the Shroud of Turin was actually the shroud in which he was wrapped as part of this twisted process).
After several years of watching the corrupt authorities hunt down his knights, he resolved to recant his confession (knowing it would mean death) in a public display, which was the ultimate embarrassment for King Phil, who had him summarily roasted alive.
It is noteworthy that the Pope later published a tract claiming that no REAL evidence of heresy had been discovered during this mini-inquisition.
Through all of this the famous "Templar" treasure was never found, nor was their naval fleet ever seen again.
There are countless theories regarding the legacy of the discredited Templars, ranging from the discovery of N. America to the inspiration of the English Peasant's Revolt in the 1300s.
This is really fun stuff to research.