They've segmented their product line so much that it's hard to make sense of for most people. Remember when there were 3-4 options, generally based off of clock speed? I'd like to see Intel get back to basics and greatly limit their product variations.
What you bought was a scam (obviously).
They modded the BIOS on a 550ti and changed the name to 1050. The 550ti is a Kepler generation GPU and at least 6 years old. Performance is lower than any new Pascal cards except the 1030 with DDR4.
Basically you got the equivalent of integrated...